Exam 21: Appendix A: Using Technology to Manage Information

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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 41

Under contract law,"damages" are the monetary settlements awarded to a person who is injured by a breach of contract.

(True/False)

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Question 42

Trial courts hear cases involving criminal and civil law.

(True/False)

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Question 43

Copyrights can be passed on to the creator's heirs.

(True/False)

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Question 44

Which of the following industries has been deregulated?

(Multiple Choice)

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Question 45

An intentional tort is a willful act that results in injury.

(True/False)

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Question 46

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

(True/False)

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Question 47

Explain the difference between statutory law,common law,and business law.

(Essay)

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Question 48

Which of the following describes the requirement that both parties in a legally binding contract must give something of value?

(Multiple Choice)

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Question 49

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 50

The Federal Trade Commission enforces laws and guidelines regarding unfair business practices.

(True/False)

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Question 51

You agree to sell your car to your neighbor for $5,000.You and your neighbor have provided each other:

(Multiple Choice)

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Question 52

When a local restaurant 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 53

Administrative agencies are given the power by Congress to pass rules and regulations within a specific area of authority.

(True/False)

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Question 54

Administrative agencies actually have a greater impact on businesses than courts do.

(True/False)

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Question 55

When a person's or company's behavior causes unintentional harm or injury to others they are said to be __________ in tort law.

(Multiple Choice)

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Question 56

The Clayton Act of 1914 prohibits price discrimination.

(True/False)

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Question 57

________ is the legal process by which a person,business,or government entity unable to meet financial obligations is relieved of those debts.

(Multiple Choice)

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Question 58

The remedy for a tort is:

(Multiple Choice)

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Question 59

Mary Ann owns a rare Monet painting and she has agreed to a contract whereby she will sell it to the Museum of Art for $5.3 million.At the last minute she decides she cannot bear to part with her painting and will not sell it to the Museum.The Museum can sue Mary Ann for specific performance.

(True/False)

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Question 60

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Exam 21: Appendix A: Using Technology to Manage Information

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.

Under contract law,"damages" are the monetary settlements awarded to a person who is injured by a breach of contract.

Trial courts hear cases involving criminal and civil law.

Copyrights can be passed on to the creator's heirs.

Which of the following industries has been deregulated?

An intentional tort is a willful act that results in injury.

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

Explain the difference between statutory law,common law,and business law.

Which of the following describes the requirement that both parties in a legally binding contract must give something of value?

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

The Federal Trade Commission enforces laws and guidelines regarding unfair business practices.

You agree to sell your car to your neighbor for $5,000.You and your neighbor have provided each other:

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

Administrative agencies are given the power by Congress to pass rules and regulations within a specific area of authority.

Administrative agencies actually have a greater impact on businesses than courts do.

When a person's or company's behavior causes unintentional harm or injury to others they are said to be __________ in tort law.

The Clayton Act of 1914 prohibits price discrimination.

________ is the legal process by which a person,business,or government entity unable to meet financial obligations is relieved of those debts.

The remedy for a tort is:

Mary Ann owns a rare Monet painting and she has agreed to a contract whereby she will sell it to the Museum of Art for $5.3 million.At the last minute she decides she cannot bear to part with her painting and will not sell it to the Museum.The Museum can sue Mary Ann for specific performance.

Taking Risks and Making Profits Within the Dynamic Business Environment

Understanding How Economics 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

Adapting Organizations to Todays Markets

Production and Operations Management

Motivating Employees

Human Resource Management: Finding and Keeping the Best Employees

Dealing With Employee-Management Issues and Relationships

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

Appendix B: Managing Risk

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