Business and Tech Chp 4 Review

In the United States, workers have a basic right to safe working conditions.

• True

• False

Governments obtain revenue through taxing and borrowing.

• True

• False

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

• True

• False

To be valid and enforceable, contracts must be in writing and signed by both parties.

• True

• False

The role of the government in the economy rarely changes when newly elected officials take office.

• True

• False

Government income is called revenue.

• True

• False

A monopoly exists when a single business controls the market for a specific product or service.

• True

• False

Your computer is an example of intellectual property.

• True

• False

Intellectual property may either be tangible or intangible depending on how it is marketed.

• True

• False

Microsoft Corporation is the single largest employer in the United States.

• True

• False