Business Law
Quiz
•
Social Studies
•
1st Grade
•
Hard
John Robinson
FREE Resource
25 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the primary purpose of business law?
To regulate business practices
To promote business growth
To eliminate competition
To increase taxes
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is a key component of a contract under business law?
Mutual agreement
Government approval
Public announcement
Media coverage
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What does the term 'liability' refer to in business law?
A company's legal debts
A company's assets
A company's profits
A company's market share
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which of the following is an example of intellectual property?
A company's logo
A company's building
A company's employees
A company's vehicles
5.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is the role of a corporate lawyer?
To provide legal advice to businesses
To manage a company's finances
To oversee marketing strategies
To conduct employee training
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Which law governs the sale of goods in the United States?
Uniform Commercial Code
Federal Trade Commission Act
Sherman Antitrust Act
Clayton Act
7.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is a 'breach of contract'?
Failure to fulfill a contract's terms
Signing a contract
Negotiating a contract
Drafting a contract
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