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Chapter 4 Vocabulary Review (Intro to Business)

Total questions: 12

Worksheet time: 10mins

Name
Class
Date
1.

rules about how a business and their employees ought to behave

(a)  

2.

protects the creative work of authors, composers, and artists. Protection lasts for the life of the person receiving the copyright and extends for 70 years after the persons death.

(a)  

3.

an agreement to exchange goods or services for something of value, usually money

(a)  

4.

a word, letter, or symbol linked with a specific company or product.

(a)  

5.

exists when a business has control of the market for a product or service.

(a)  

6.

gives the inventor the sole right to make, use, sell the item for 20 years

(a)  

7.

is chosen to supply a service or product that is vital to all people

a)

business ethics

b)

antitrust laws

c)

public utility

d)

monopoly

8.

laws that prevent other unfair business practices such as false advertising, deceptive pricing, and misleading labeling.

a)

trademark laws

b)

business ethics laws

c)

public utility laws

d)

antitrust laws

9.

a natural resource that cannot be replaced when used up

a)

conservation

b)

non-renewable resources

c)

social responsibility

d)

climate change

10.

a set of rules for guiding the actions of employees or members of an organization → business ethics

a)

True

b)

False

11.

principals of morality or rules of conduct → patent

a)

True

b)

False

12.

the duty of a business to contribute to the well-being of a community → non-renewable resources

a)

True

b)

False