Exam 24: Appendix: Working Within the Legal Environment

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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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Which of the following is true of a copyright?

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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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Tort law includes product liability cases.

(True/False)
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Unlike a patent,trademarks are not protected from infringement.

(True/False)
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The Pillsbury Doughboy is an example of a:

(Multiple Choice)
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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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Which of the following would cause a contract to be void?

(Multiple Choice)
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The remedy for a tort is:

(Multiple Choice)
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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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