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WorksheetsBusiness Law Mid-Term Review
Total questions: 50
Worksheet time: 25mins
What is the purpose of verbal communication?
To relay messages to one or more receivers
To relay messages to one or more senders
To understand a thought
To clarify a thought
During active listening, "attending" is the process of:
Taking in all of the information about the communication
Focusing on the information you've received.
Showing the sender you are listening by providing feedback.
Restating the information you have received.
People who have _____________ fields of experience are more likely to understand one another
Different
Similar
Special
Identical
What is the first step in communication planning?
Clarify objectives
Determine the purpose of the message
Outline the communication for delivery
Identify the audience
What is the fifth and last step in communication planning?
Outline the communication for delivery
Clarify objectives
Identify the audience
Determine the best channel of communication
In a business letter, which of the following is the BEST salutation when you are not sure who will be reading the letter?
“Dear Organization:”
“To Whom It May Concern:”
“Ladies and Gentlemen:”
Hew What's Up
Your contact information is an optional part of the signature in a business letter?
True
False
What font and font size should be used in a business letter?
Century Gothic, 16 poin
Courier New, 10 point”
Times New Roman, 12 point”
Arial, 14 point”
What is the inside address in a business letter?
The return address
The receiver's address
What is a salutation?
An announcement
“A declaration”
A greeting
A closing
_______ protects the name and identifying symbol of a product or company.
“Trade secret”
Trademark”
Patent”
Copyrigh
Laws passed by legislatures are called ____________.
“Common laws”
Precedent laws”
Ordinances”
Statutory laws”
State trial courts have jurisdiction over ____________.
“Federal law”
International law”
“Bankruptcy law
State law”
A precedent law:
Oversees an agency”
Is determined by a court case.”
“Is based on customs”
Is made by a legislature”
What is an agreement between two parties that creates an obligation?
Purpose”
Offer”
Contract”
Tort”
An oral contract is _______.
Not enforceable”
Not for money”
Legal
Not legal”
The exclusive right granted to an inventor to manufacture, use, or sell an invention is a(n) ____________.
Copyright”
Trademark
“Trade secret
Patent”
A business organization where the owners are personally responsible for the business debts a(n) ________.
Sole proprietorship”
Partnership”
C Corporation”
“LLC”
The U. S. Supreme Court hears cases that involve ____________.
“Criminal cases”
Constitutional cases”
“Tort cases”
Civil cases”
You'll never have negative consequences if you make an ethical choice, such as pointing out a mistaken school grade or confessing you broke something.
True
False
A cashier gives you more change then she should have. The ethical choice is to ____________.
“Spend the money right away”
“Donate the money to a worthy cause”
Return the extra money”
Keep the money”
A(n) _______ is one in which some of the terms are not expressed in words.
Written contract”
Oral Contract
Verbal Contract
Implied Contract
Laws issued by a government agency are ____________ laws.
Custom
Regulatory
Statutory
Administrative
Intellectual Property can be protected by ____________.
Statues
Tort
Patents
Agency
While a law is still in the legislature, it is called a ____________.
Law
Statue
Bill
Which of the following is NOT one of the parts of a business letter?
inside address
Closing
Executive summary
Enclosure notification
Business letters and memos should be written using the same tone.
True
False
. Letterhead allows a letter to be more professional because it designates the letter is a(n) __________ document.
Informative
Urgent
Confidential
Official
Most letter formats require single spacing.
True
False
________ memos state policies or procedures the writer wishes the reader to follow.
Directive
Field Report
Response
Trip Report
Physical location of the business is a factor which should influence the type of ownership chosen.
True
False
Which of the following forms boards to act as governing bodies and is the most complicated form of business?
Franchise
Partnership
Sole Proprietorship
Corporation
Which of the following is owned and operated by one individual?
Franchise
Partnership
Sole Proprietorship
Corporation
Which of the following is the right or license to sell a company’s product or service at a designated location?
Franchise
Partnership
Sole Proprietorship
Corporation
Which of the following is NOT a financing option suggested in the presentation?
Investors
Loans
Sale of assets
Small Business Administration
Angel investors are wealthy individuals who seek high returns through private investments.
True
False
___________ are words, symbols, names or devices used to specify goods and differentiate one good from others.
Copyrights
Patents
Licenses
Trademarks
Patents are issued by state governments.
True
False
Capital is wealth in the form of money or property.
True
False
Court systems are established by which of the following?
The Constitution
The President
The Declaration of Independence
Government Agencies
The Federal Courts of Appeal consist of how many courts?
10
12
15
20
The attorney who is hired or appointed to represent the plaintiff’s interests is known as which of the following?
Bailiff
Defendant
Prosecutor
Jury
Which of the following case types does small claims court NOT hear?
Breach of Contract
Divorce Proceedings
Unpaid Rent
Customer Complaints
Which courts decide more than 95 percent of the nation’s legal cases?
State Courts
Supreme Courts
Small Claims court
District Courts
Which courts serve areas consisting of three to nine states known as circuits?
State Courts
Small Claim Courts
Court of Appeals
District Courts
The U.S. Supreme Court consists of the Chief Justice and how many associate judges?
Five
Six
Eight
Ten
Which of the following traits does NOT describe the Chief Justice?
Shares responsibility with the president
Is elected by the president
Holds lifetime position
Represents the jury to the judge
The Brown v. Board of Education, Topeka case pertained to which of the following?
A slave’s right to sue
The right against self-incrimination
Segregation in schools
Freedom of speech
Which court case involved the right to freedom of speech?
Miranda v. Arizona
Brown v. Board of Education, Topeka
Marbury v. Madison
Tinker v. Des Moines, Iowa
. Which of the following is a trait that effective leaders demonstrate?
Commitment
Controlling
Rigid
Judgmental
