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Business Law and Management Quiz

Authored by James Gibson

Business

12th Grade

Used 2+ times

Business Law and Management Quiz
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10 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a legally enforceable agreement between two or more parties?

Contract

Understanding

Arrangement

Agreement

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the study of what is morally right and wrong in the business world called?

Business morality

Corporate ethics

Commercial ethics

Business ethics

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which type of intellectual property protects inventions and discoveries?

Copyright

Trade secret

Patent

Trademark

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which law governs the relationship between employers and employees?

contract law

criminal law

family law

employment law

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the system of rules, practices, and processes by which a company is directed and controlled?

Corporate structure

Business administration

Company management

Corporate governance

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a requirement for a valid contract?

A written agreement

Mutual assent of the parties

Consideration exchanged between the parties

Capacity of the parties to enter into a contract

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which ethical principle states that individuals should always tell the truth and not deceive others?

Deception

Honesty

Dishonesty

Lying

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