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

The Age Discrimination in Employment Act protects people once they reach age 65.

Intrastate commerce involves companies doing business in only one state.

When a business controls the market for a product or service, it has a monopoly.

Wal-Mart is the single largest employer in the United States.

The government's sole (only) source of income is taxes, such as income, property, and sales taxes.

A business's duty to contribute to the well-being of the community is its social responsibility.

Results in an unfair benefit

Save scarce natural resources

Guides the actions of employees

Prevent unfair business practices

Supplies a product or service vital to all people

Which agency regulates safety standards?

Which agency monitors and enforces standards for water and air quality?

Which agency provides information to help companies make good business decisions?

Which agency helps new businesses get started by offering business loans?

Which agency works closely with businesses to reduce pollution?

Principles of morality or rules of conduct are called ethics.

All public utility companies are owned and operated by state government.

Government income is called revenue.

Removing workplace barriers for women and accommodating employees who are physically challenged are ways a business can contribute to

All of the following are benefits of socially responsible activities EXCEPT

A set of rules guiding the actions of employees is called a(n)

Government is concerned with all of the following EXCEPT

Copyright protection lasts for

Which of the following is an example of a public utility?

Government attempts to prevent monopolies with

The single largest employer in the U.S. economy is

The tax levied on the money you earn at your job is called

Business dealings involving companies in more than one state.

Saving scarce resources.

Gives the inventor sole right to move, use, or sell an item for 20 years.

A tax levied on goods and services that is collected by the seller.

A tax levied on the value of land and building.

Business dealings involving companies that do business in only one state.

Occurs when the environment is tainted with the by-products of human actions.

An agreement to exchange goods or services for something of value.

Protects creative work of authors, composers, and artists.

___________ refers to the duty of a business to contribute to the well-being of a community.

The four elements of a legal contract are agreement, competent parties, legality, and _____________________.

A(n) _________________________ occurs when an individual's or company's actions result in an unfair benefit.

___________ laws promote competition and prevent such practices as false advertising and misleading labeling.

The Constitution gives the federal government the power to regulate _________________.

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

Each of the following is a common role of the U.S. government in the economy EXCEPT

Local government use most of the revenue from ________ to pay for schools and local services such as police protection and community parks.

You bought a pair of shoes priced at $60. Your state has a 5 percent sales tax. How much money must the store pay to the state government as a result of this sale?

Valid, enforceable contracts must contain all of the following EXCEPT

Which of the following actions demonstrates a conflict of interest?

Which of the following is an example of a nonrenewable resource?

Federal, state and local government purchases about ____ percent of all the goods and services sold in the United States.