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Flashcard
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Other
•
9th Grade
•
Practice Problem
•
Hard
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1.
FLASHCARD QUESTION
Front
Which of the following is a type of intangible business property that is protected by law: Acreage, Inventory, Trademark, Equipment?
Back
Trademark
2.
FLASHCARD QUESTION
Front
Basic torts relating to businesses often involve disputes concerning
Back
defamation.
3.
FLASHCARD QUESTION
Front
Which of the following is a characteristic of a business-format franchise:
- The name of the business is chosen by the franchisee.
- Products are bought directly from the supplier.
- It is the least popular franchise arrangement.
- Continuous assistance is provided by the franchisor.
Back
Continuous assistance is provided by the franchisor.
4.
FLASHCARD QUESTION
Front
Limited liability, indefinite length of life, ease of expansion, legal entity, and transfer of ownership are considered advantages of a
Back
corporation.
5.
FLASHCARD QUESTION
Front
Channels of distribution benefit consumers by
Back
making a variety of products available to them.
6.
FLASHCARD QUESTION
Front
For which of the following markets would producers use a short channel of distribution: Local consumers, Generation X, Baby boomers, Senior citizens?
Back
Local consumers
7.
FLASHCARD QUESTION
Front
If a business considers where the consumers are and who they are before selecting a channel of distribution, the business is considering the __________ factor.
Back
market
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