Exam 24: Appendix: Working Within the Legal Environment
Exam 1: Taking Risks and Making Profits Within the Dynamic Business Environment327 Questions
Exam 2: Understanding How Economics Affects Business323 Questions
Exam 3: Doing Business in Global Markets379 Questions
Exam 4: Demanding Ethical and Socially Responsible Behavior286 Questions
Exam 5: How to Form a Business354 Questions
Exam 6: Entrepreneurship and Starting a Small Business318 Questions
Exam 7: Management and Leadership295 Questions
Exam 8: Adapting Organizations to Todays Markets380 Questions
Exam 9: Production and Operations Management336 Questions
Exam 10: Motivating Employees390 Questions
Exam 11: Human Resource Management: Finding and Keeping the Best Employees453 Questions
Exam 12: Dealing With Employee-Management Issues and Relationships344 Questions
Exam 13: Marketing: Helping Buyers Buy259 Questions
Exam 14: Developing and Pricing Goods and Services366 Questions
Exam 15: Distributing Products323 Questions
Exam 16: Using Effective Promotions289 Questions
Exam 17: Understanding Accounting and Financial Information397 Questions
Exam 18: Financial Management330 Questions
Exam 19: Using Securities Markets for Financing and Investing Opportunities463 Questions
Exam 20: Money,financial Institutions,and the Federal Reserve330 Questions
Exam 21: Bonus A: Using Technology to Manage Information237 Questions
Exam 22: Bonus B: Managing Risk150 Questions
Exam 23: Bonus C: Managing Your Personal Finances267 Questions
Exam 24: Appendix: Working Within the Legal Environment257 Questions
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You and your neighbor have agreed to a contract where he will cut your grass every other week for which you pay $30.However,for no apparent reason,he has not cut your grass for a month.Your neighbor has committed a(n):
(Multiple Choice)
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Alcohol Labeling Legislation of 1988 provides for warning labels on liquor saying that minors should not drink.
(True/False)
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The Justice Department's antitrust division serves as a watchdog for violations of the Uniform Commercial Code.
(True/False)
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Carlos has had a very successful year.His small-business corporation earned over $500,000.His company will have to pay part of its income to the federal government for income taxes.
(True/False)
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In order for a contract to be legal,mutual acceptance is achieved when one party is under duress.
(True/False)
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Congress is responsible for passing legislation that is enforced by the judiciary.
(True/False)
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Unlike a patent,trademarks are not protected from infringement.
(True/False)
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Lower courts must abide by the precedents set by higher courts.
(True/False)
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Under contract law,"duress" means the presence of coercion through force or threat of force.
(True/False)
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Negligence,in tort law,deals with behavior that causes intentional harm or injury.
(True/False)
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Which of the following holds a company liable for negligence in the production,design,sale,or use of products the firm markets?
(Multiple Choice)
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Which of the following refers to a tax designed to reduce the consumption of a specific good?
(Multiple Choice)
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A copyright protects an individual's ownership rights to materials such as books,articles,photos,and cartoons,which they created.
(True/False)
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Patent owners are prohibited from selling or licensing their patent rights to others.
(True/False)
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The use of tying contracts was prohibited by the Clayton Act of 1914 because these contracts:
(Multiple Choice)
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