Exam 21: Working Within the Legal Environment

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The St. Louis County Planning Commission is an example of a local administrative agency. It oversees land-use proposals and other long-range issues in St. Louis County, Missouri.

(True/False)

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Question 121

If an automobile manufacturer unknowingly sells a defective product that causes an injury, the manufacturer is protected from product liability lawsuits.

(True/False)

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Question 122

Congratulations! You've just finished composing a song that will be the next big hit. Your next step is to apply for a patent through the U.S. Patent & Trademark Office.

(True/False)

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Question 123

A contract is a legally enforceable agreement between two or more parties.

(True/False)

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Question 124

The number of personal bankruptcies has

(Multiple Choice)

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Question 125

Chapter 11 bankruptcy is a way for sick companies to recover and is designed to help both debtors and creditors find the best solution.

(True/False)

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Question 126

You verbally promise to pay your sister tomorrow the $25 that you owe her. This promise however, is not a negotiable instrument because

(Multiple Choice)

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Question 127

The Nike swoosh and the golden arches of McDonald's are examples of a

(Multiple Choice)

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Question 128

The Clayton Act of 1914 prohibits price discrimination.

(True/False)

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Question 129

Which of the following do school districts utilize to generate needed funding?

(Multiple Choice)

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Question 130

Without the permission of the inventor, Five Star Automobile Manufacturing copied the engine design of an innovative competitor. What is Five Star guilty of?

(Multiple Choice)

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Question 131

A full warranty limits the defects or mechanical problems that are covered in a product.

(True/False)

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Question 132

When a Fat Burger offers a discount to senior citizens, they have violated the price discrimination provisions of the Robinson-Patman Act.

(True/False)

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Question 133

Who owns the copyright of a cartoon character created by an employee of a firm as part of their normal job responsibilities?

(Multiple Choice)

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Question 134

The section of the Bankruptcy Code that allows a business to reorganize and pay only a limited proportion of its debts is Chapter

(Multiple Choice)

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Question 135

Business law creates the legal framework for the enforcement of criminal statutes.

(True/False)

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Question 136

An interlocking directorate occurs when a board of directors includes members of the board of competing corporations.

(True/False)

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Question 137

Under contract law, consideration means something of value.

(True/False)

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Question 138

Income taxes include taxes paid on real and personal property.

(True/False)

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Question 139

The Justice Department's lawsuit against Microsoft is an example of an antitrust case.

(True/False)

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Question 140

Showing 121 - 140 of 242

Exam 21: Working Within the Legal Environment

The St. Louis County Planning Commission is an example of a local administrative agency. It oversees land-use proposals and other long-range issues in St. Louis County, Missouri.

If an automobile manufacturer unknowingly sells a defective product that causes an injury, the manufacturer is protected from product liability lawsuits.

Congratulations! You've just finished composing a song that will be the next big hit. Your next step is to apply for a patent through the U.S. Patent & Trademark Office.

A contract is a legally enforceable agreement between two or more parties.

The number of personal bankruptcies has

Chapter 11 bankruptcy is a way for sick companies to recover and is designed to help both debtors and creditors find the best solution.

You verbally promise to pay your sister tomorrow the $25 that you owe her. This promise however, is not a negotiable instrument because

The Nike swoosh and the golden arches of McDonald's are examples of a

The Clayton Act of 1914 prohibits price discrimination.

Which of the following do school districts utilize to generate needed funding?

Without the permission of the inventor, Five Star Automobile Manufacturing copied the engine design of an innovative competitor. What is Five Star guilty of?

A full warranty limits the defects or mechanical problems that are covered in a product.

When a Fat Burger offers a discount to senior citizens, they have violated the price discrimination provisions of the Robinson-Patman Act.

Who owns the copyright of a cartoon character created by an employee of a firm as part of their normal job responsibilities?

The section of the Bankruptcy Code that allows a business to reorganize and pay only a limited proportion of its debts is Chapter

Business law creates the legal framework for the enforcement of criminal statutes.

An interlocking directorate occurs when a board of directors includes members of the board of competing corporations.

Under contract law, consideration means something of value.

Income taxes include taxes paid on real and personal property.

The Justice Department's lawsuit against Microsoft is an example of an antitrust case.

Taking Risks and Making Profits Within the Dynamic Business Environment

Understanding Economics and How It Affects Business

Doing Business in Global Markets

Demanding Ethical and Socially Responsible Behavior

How to Form a Business

Entrepreneurship and Starting a Small Business

Management and Leadership

Structuring Organizations for Todays Challenges

Production and Operations Management

Motivating Employees

Human Resource Management: Finding and Keeping the Best Employees

Dealing With Employeemanagement Issues

Marketing: Helping Buyers Buy

Developing and Pricing Goods and Services

Distributing Products

Using Effective Promotions

Understanding Accounting and Financial Information

Financial Management

Using Securities Markets for Financing and Investing Opportunities

Money, Financial Institutions, and the Federal Reserve

Using Technology to Manage Information

Managing Risk

Managing Personal Finances

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