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Worksheets

Legal Issues in Business

Total questions: 30

Worksheet time: 15mins

Name
Class
Date
1.

Which of the following acts prohibits monopolies and price fixing?

a)

Sherman Antitrust Act (1890)

b)

Robinson-Patman Act (1936)

c)

National Environmental Policy Act (1970)

d)

Occupational Safety and Health Act (1970)

2.

Which of the following acts protects businesses and consumers against price discrimination?

a)

Sherman Antitrust Act (1890)

b)

Robinson-Patman Act (1936)

c)

National Environmental Policy Act (1970)

d)

Occupational Safety and Health Act (1970)

3.

________________ occurs when a group of businesses agree to set prices at a higher level.

a)

Price discrimination

b)

Price fixing

c)

Bait and switch

d)

Price skimming

4.

________________is the practice of charging different groups or individuals different prices for the same product.

a)

Price discrimination

b)

Price fixing

c)

Bait and switch

d)

Price skimming

5.

Which of the following acts establishes policies for water, air, and soil qualities?

a)

Sherman Antitrust Act (1890)

b)

Robinson-Patman Act (1936)

c)

National Environmental Policy Act (1970)

d)

Occupational Safety and Health Act (1970)

6.

This act requires health insurance benefits to be extended to employees who leave a business for any reason:

a)

Social Security Act 1935

b)

Consolidated Omnibus Budget Reconciliation Act (COBRA) (1985)

c)

Fair Labor Standards Act (1938)

d)

Occupational Safety and Health Act (1970)

7.

This law sets the standards to protect patient medical information from being released without permission.

a)

Children's Online Privacy Protection Act (COPPA) (2000)

b)

HIPPA Privacy Rule (2003)

c)

Americans With Disabilities Act (1990)

d)

Immigration Reform and Control Act (1986)

8.

This law sets the rules for protecting children's online privacy and safety. Requires website owners to obtain parental consent to collect information from children under 13 years of age.

a)

Children's Online Privacy Protection Act (COPPA) (2000)

b)

HIPPA Privacy Rule (2003)

c)

Americans With Disabilities Act (1990)

d)

Immigration Reform and Control Act (1986)

9.

Protects the rights of individuals with disabilities, including employment opportunities.

a)

Children's Online Privacy Protection Act (COPPA) (2000)

b)

HIPPA Privacy Rule (2003)

c)

Americans With Disabilities Act (1990)

d)

Immigration Reform and Control Act (1986)

10.

The Age Discrimination in Employment Act protects job applicants over the age of _____ from discrimination based on age.

a)

40

b)

50

c)

55

d)

65

11.

Which governmental agency monitors sexual harassment or unwanted sexual attention in the workplace?

a)

Food and Drug Administration

b)

Consumer Product Safety Commission

c)

Equal Employment Opportunity Commission

d)

Federal Trade Commission

12.

Which act allows up to 12 weeks of unpaid leave with job protection for employees who need to take off for medical reasons?

a)

Sherman Antitrust Act (1890)

b)

Family Medical Leave Act (FMLA) (1993

c)

National Environmental Policy Act (1970)

d)

Occupational Safety and Health Act (1970)

13.

Which act protects children against unsafe toys and allows the FDA to recall dangerous products?

a)

Federal Food, Drug and Cosmetic Act (1938)

b)

Child Protection Act (1966)

c)

Fair Labor Standards Act (1938)

d)

Nutritional Labeling and Education Act (1960)

14.

What is the term that means a person is legally able to enter into a contract?

a)

condition

b)

mutual acceptance

c)

capacity

d)

retainer

15.

In legal terms, ___________ is a term that means something of value in a contract.

a)

consideration

b)

capacity

c)

condition

d)

collateral

16.

If a shopper slips and falls and gets hurt in a business, the owner may be guilty of negligence which is an example of a

a)

crime

b)

fraud

c)

tort

d)

pilferage

17.

This gives an inventor the sole right to produce and sell an invention for a specific amount of time.

a)

trademark

b)

copyright

c)

patent

d)

slogan

18.

Protects phrases, names, symbols or other unique method of identifying a company or its products.

a)

trademark

b)

copyright

c)

patent

d)

slogan

19.

Protects books, magazine articles, music, paintings, or other work of authorship for the life of the creator plus 70 years,

a)

trademark

b)

copyright

c)

patent

d)

slogan

20.

FICA tax is a deduction from your paycheck required by law to cover:

a)

social security and medicare

b)

social security and medicaid

c)

health insurance and social security

d)

401k and life insurance

21.

Which act prohibits wage discrimination for equal work based on gender?

a)

Civil Rights Act (1992)

b)

Fair Labor Standards Act (1938)

c)

Equal Pay Act (1963)

d)

Pregnancy Discrimination Act (1978)

22.

Which governmental agency is responsible for the enforcement of the principles of free enterprise?

a)

Federal Trade Commission (FTC)

b)

Environmental Protection Agency (EPA)

c)

Securities and Exchange Commission (SEC)

d)

Occupational Safety and Health Administration (OSHA)

23.

The theft of personal property is

a)

embezzlement

b)

larceny

c)

assault

d)

robbery

24.

Taking of property from another person by the use of force, intimidation, or the threat of force.

a)

embezzlement

b)

larceny

c)

fraud

d)

robbery

25.

Theft or misappropriation of funds placed in one's trust or belonging to one's employer.

a)

embezzlement

b)

larceny

c)

assault

d)

robbery

26.

Wrongful or criminal deception intended to result in financial or personal gain.

a)

embezzlement

b)

larceny

c)

fraud

d)

robbery

27.

Reciprocal arrangement between two parties under which both parties promise to perform an act in exchange for the other party's act. Each is an obligor on its own promise, and an obligee on the other party's promise. This is called a(n)

a)

bilateral contract

b)

unilateral contract

c)

implied contract

d)

conditional contract

28.

The action or crime of making a false spoken statement damaging to a person's reputation.

a)

fraud

b)

retract

c)

slander

d)

libel

29.

A published false statement that is damaging to a person's reputation; a written defamation.

a)

fraud

b)

retract

c)

slander

d)

libel

30.

A physical attack is a(n)

a)

embezzlement

b)

larceny

c)

assault

d)

robbery