POB 2.05 Vocab

Front

Government actions to promote competition and fairness, avoiding monopolies.

Back

Antitrust Laws

Front

Rules for business and employee behavior

Back

Business Ethics

Front

Agreement to exchange goods/services for value, usually money.

Back

contract

Front

Protects creative work of authors, composers, and artists.

Back

copyright

Front

Principles of morality or rules of conduct

Back

ethics

Front

Control of a market for a product or service

Back

monopoly

Front

Gives the inventor sole rights to make, use, or sell for 20 years.

Back

Patent

Front

An organization supplying a vital service or product to all people.

Back

public utility

Front

Duty of a business to contribute to community well-being

Back

social responsibility

Front

A word, letter, or symbol associated with a specific company or product.

Back

trademark