Business Law - Final

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

• Trade secret

• Patent

• Trademark

• Copyright

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

• Patent

• Trademark

• Trade secret

• Copyright

An agreement between two parties that creates an obligation is a(n)

• Contract

• Tort

• Offer

• Purpose

Roger was discharged from his job without cause.  The employer has the right to terminate his employment with cause under which law?

• Employment at will
• Unemployment compensation
• Unpaid vacation leave
• Worker's compensation

Shirley was laid off by her employer. What benefit is he entitled to receive?

• Sick leave with pay

• Unemployment Compensation

• Unpaid vacation leave

• Worker's compensation

Ted worked at a factory that was destroyed by fire.  What benefit should Ted receive?

• Implied employment agreement
• Express employment agreement
• Unemployment compensation
• Workers compensation

Ted is a chef.  He slipped and fell in the kitchen at work breaking his leg.  What benefit should Ted receive?

• Implied employment agreement
• Express employment agreement
• Unemployment compensation
• Workers compensation

Determining what is right or wrong action in a reasoned and impartial manner.

• Ethics
• Morality
• Integrity
• The Good

Business ethics are the ethical principles used in making good business decisions.

• True
• False

A set of written standards issued by an business to assist its employees in conducting their actions in conformity with the organization's ethical values is 

• an employee handbook
• a code of ethics
• an annual evaluation
• a ethical audit