SEM II Unit 1 Practice

Why are sports franchises a good example of the concept of capitalism?

• They sell products.

• They make a lot of money.

• They develop elite status.

• They compete to gain fans.

Sports/Event organizations use their trademarks to make money from

• sponsorship fees.

• lawsuits.

• licensed merchandise sales.

• ticket sales.

Which law makes restraining free trade and competition illegal?

• The Lanham Act

• The Sherman Antitrust Act

• The Sports Broadcasting Act of 1961

• The National Labor Relations Act

Which law allows major professional sports leagues to determine which games will be shown in certain geographic areas?

• The Sherman Antitrust Act

• The Lanham Act

• The National Labor Relations Act

• The Sports Broadcasting Act of 1961

If an athlete or celebrity’s seclusion has been intruded upon, they can sue for violation of

• antitrust laws.

• trademarks.

• the right of privacy.

• the right of publicity.

Which of the following is an unacceptable place to use an athlete or celebrity’s identity without their permission:

• On your company’s advertisements

• In a magazine

• In a book

• On the news

The best way to avoid buying counterfeit tickets to a game/event is to purchase them

• from reputable scalpers.

• several months in advance.

• at official ticket outlets.

• at an online auction site.

What development has made ticket resale harder to regulate?

• The popularity of online auction sites

• The types of insurance involved with resale

• The unions formed by professional ticket scalpers

• The laws subjecting ticket outlets to antitrust litigation

Which law gives workers the right to organize into unions?

• The Sports Broadcasting Act of 1961

• The Sherman Antitrust Act

• The Lanham Act

• The National Labor Relations Act

Unions in professional sports are called

• athlete organizations.

• players’ associations.

• sports unions.

• athlete committees.