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WorksheetsBusiness Law Chapter 9
Total questions: 24
Worksheet time: 12mins
_______ protects the name and identifying symbol of a product or company.
Copyright
Trademark
Trade secret
Patent
Laws passed by legislatures are called ____________.
Statutory laws
Ordinances
Precedent laws
Common laws
State trial courts have jurisdiction over ____________.
Federal law
International law
Bankruptcy law
State law
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 - correct behavior, like making ethical choices, will always be rewarded.
False - even if you make the right choices, you still may suffer from your actions.
A cashier gives you more change then she should have. The ethical choice is to ____________.
Donate the money to a worthy cause
Spend the money right away
Keep the money
Return the extra money
A precedent law:
Oversees an agency
Is made by a legislature
Is determined by a court case
Is based on customs
A classmate is having trouble finishing a report. He'll pay you to finish it for him. What is the ethical thing to do?
Decline to do it, explaining that you don't have the time.
Decline to do it, but ask for the money anyway or you'll tell the teacher.
Agree to do it. You could use the money!
Agree to do it since you have time. But decline the money because it's wrong.
After work John is planning to do some of his job tasks at home to get back on schedule. But he needs some office supplies at home. To save time and a trip to the store, he decides to take the supplies from work. Is John's action ____________.
Ethical
Unethical
Illegal
What is an agreement between two parties that creates an obligation?
Purpose
Offer
Contract
Tort
An oral contract is _______.
Not for money.
Legal
Not enforceable.
Not legal.
The exclusive right granted to an inventor to manufacture, use, or sell an invention is a(n) ____________.
Trademark
Patent
Trade secret
Copyright
A business organization where the owners are personally responsible for the business debts a(n) ________.
LLC
Corporation
Partnership
Sole proprietorship
The U. S. Supreme Court hears cases that involve ____________.
Criminal cases
Tort cases
Civil cases
Constitutional cases
A(n) _______ is one in which some of the terms are not expressed in words.
written contract
implied contract
oral contract
verbal contract
Laws issued by a government agency are ____________ laws.
statutory
custom
regulatory
administrative
Intellectual Property can be protected by ____________.
tort.
statutes.
agency.
patents.
You borrow your mom's car and accidentally put a dent in the door. What do you do?
Say nothing.
Blame it on a stranger.
Tell her you did it.
Try and get it fixed before she notices.
Original works are protected by ____________.
Contract
Copyrights
Trademark
Patent
Local laws passed councils are called ____________.
qualification
ratification
propositions
ordinances
Larry's car had a tune-up, and the mechanic told him it's going to need a new timing belt at the next scheduled maintenance. Larry decides to sell the car, and tells the buyer that the maintenance is up to date. This is ____________.
Ethical because it is technically the truth.
Ethical because it's the buyers responsibility to check out the car.
Unethical because Larry is hiding something important.
Illegal because Larry cannot hide information during a negotiation.
In order for a contract to be enforceable it must have
consideration
offers
acceptance
legal purpose
A business owned and run by one person is called a(n) ________.
corporation
sole proprietorship
LLC
partnership
A business organization that has members is a(n) ________.
partnership
corporation
sole proprietorship
LLC
While a law is still in the legislature, it is called a ____________.
Statue
Bill
Law
