Business Law Unit REVIEW

McDonalds, BMW, Nike and Snapchat logos are protected by what type of intellectual property protection?

• Patent

• Copyright

• Trademark

• Literature

An oral contract is ______________________

• not enforceable

• not legal

• not for money

• legal

___________Contracts have terms that are explicitly expressed, either verbally or in writing.

• Express

• Implied In Fact

• Implied In Law

• Offered

_______ 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

After work John is planning to do some of his job tasks at home to get back on schedule. But he needs some office supplies at home. To save time and a trip to the store, he decides to take the supplies from work. Is John's action ____________.

• Ethical

• Unethical

• Illegal

The terms of a contract must be accepted by the party to whom it was communicated.

• True

• False

Court where dispute is first heard, evidence is presented

• appellate court

• federal court of appeals

• special court

• trial court

Offer, acceptance and consideration are all parts of

• applications

• loans

• covers

• contract

When someone is authorized to act on behalf of another it is governed by _____________ law.

• tort

• administrative

• statutory

• agency