
Government's Role in Business/Contract & Employment Law Review
Authored by Stacie Segars
Computers
12th Grade
Used 8+ times

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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following does NOT require a contract in writing?
Real estate
Goods over $500
Goods under $200
Actions taking longer than one year
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT true of the government?
It increases/decreases tax rates
It controls the retirement of all U.S. citizens
It regulates the amount of money in the economy with the Federal Reserve Bank
It negotiates international treaties and trade agreements
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is true of the Federal Trade Commission?
Demotes fair competition
Prevents monopolies
Breaks up companies with control of a market
Prevents false/deceptive advertising
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT information published by the government which businesses can use?
Forbes 40 under 40
Rate of inflation
Unemployment statistics
Consumer spending
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT an agency which protests consumers?
Consumer Price Fixing Commission
Consumer Product Safety Commission
Fair Packaging and Labeling Act
Fair Credit Reporting Act
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Corporate income taxes are NOT imposed by which of the following?
State governments
Local governments
Foreign governments
Universal governments
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Sales taxes are added to the price of goods and services at the time of purchase.
True
False
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