Chapter 4 Intro

Contracts have to be in writing to be enforceable.

• True

• False

A logo is a trademark linked with a specific company or product.

• True

• False

The Age Discrimination in Employment Act protects people once they reach age 65

• True

• False

A business’s duty to contribute to the well-being of the community is its social responsibility

• True

• False

A government’s sole source of income is taxes, such as income, property, and sales tax

• True

• False

Results in an unfair benefit

• Non-renewable resource

• Conflict of interest

Cannot be replaces once it is used up.

• Non-renewable resource

• Conflict of interest

Protects the work of authors, composers, and artists

• copyright

• conservation

Saves scarce natural resources

• code of ethics

• conservation

Guides the actions of employees

• antitrust laws

• code of ethics