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Business law introduction

Total questions: 19

Worksheet time: 13mins

Name
Class
Date
1.

You can take money out of the bank with a _______ of $300

a)

Charge

b)

Change

c)

Currency

d)

profit

2.

The judge imposed a ______ on him for going over the speed limit.

a)

fine

b)

charge

c)

tip

d)

currency

3.

"The establishment and protection of intellectual creations such as inventions, designs, brands, artwork and music."

a)

Intellectual property law

b)

Antitrust law

c)

Bankruptcy law

d)

Business law

4.

"the state and federal laws that protect worker rights, prevent discrimination, and promote safe work environments."

a)

Employment law

b)

Contract law

c)

Formation law

d)

Property law

5.

Yen, Won, Dollar, Peruvian Sol and Euro are types of ...

(a)  

6.

In Chile, you can leave a 10% (a)   when you receive a good service in a restaurant

7.

Now that I live alone, I know how expensive electricity, water and internet (a)   are.

8.

CAE is a type of student (a)   that you have to pay later

9.

At the supermarket, they always ask you if you want to make a (a)   to certain NGOs

10.

Terms and conditions, rent agreements, mortgages, loan agreements and receipts are related to...

a)

Contract law

b)

Employment law

c)

Antitrust law

d)

Tax law

11.

A reasonable amount of something is called

a)

fair share

b)

unfairly

c)

issue

d)

asset

12.

Business (a)   law refers to the money companies have to pay the government on the net income or profit they receive.

13.

"An agreement in which you pay a company money and they pay your costs if you have an accident, injury, etc." is called...

a)

insurance

b)

receipt

c)

hire

d)

offence

14.

_______ refers to "property consisting of land and the buildings on it, along with its natural resources such as growing crops"

a)
Real Estate
b)
Intellectual Property
c)
Personal Property
d)
Chattel
15.

Tax ______ is when you lower the tax you have to pay.

a)

avoidance

b)

evasion

c)

planning

16.

... helps protect the creator of the original material so that no one can duplicate or use it without authorization.

a)

copyright

b)

infringement

c)

trademark

d)

intellectual

17.

(a)   law defines the legal process of building a business.

18.

A synonym for "fired" is...

a)

dismissed

b)

hired

c)

fulfilled

d)

misconducted

19.

... "occurs when an individual alleges you are responsible for damage to property or injury to another person"

a)

liability claim

b)

litigation

c)

award for damages

d)

avoid infringement