Business Law

_______ protects the name and identifying symbol of a product or company.

• Patent

• Copyright

• Trade Secret

• Trademark

Laws passed by legislatures are called ____________.

• Statutory Laws

• Common

• Precedent

• Ordinances

State trial courts have jurisdiction over ____________.

• International law

• State law

• Bankruptcy

• Federal law

A cashier gives you more change then she should have. The ethical choice is to ____________.

• Spend the money right away

• Donate the money to a worthy cause

• Return the extra money

• Keep the money

A precedent law:

• Oversees an agency

• Is determined by a court case

• Is based on customs

• Is made by a legislature

What is an agreement between two parties that creates an obligation?

• Tort

• Offer

• Purpose

• Contract

The exclusive right granted to an inventor to manufacture, use, or sell an invention is a(n)

• Patent

• Trade Secret

• Copyright

• Trademark

The U. S. Supreme Court hears cases that involve ____________.

• Tort cases

• Civil cases

• Constitutional cases

• Criminal cases

A(n) _______ is one in which some of the terms are not expressed in words.

• Written contract

• Oral contract

• Verbal contract

• Implied contract

Laws issued by a government agency are ____________ laws.

• Administrative

• Custom

• Regulatory

• Statutory