FiltersDone

Question type

Essay

Multiple Choice

Short Answer

True False

Matching

Exam 22: Extension: Working Within the Legal Environment

Show Answer

Share

---

All types

Filters

Study Flashcards

Question 81

True/False

Review LaterAdd Note

Review Later

Another name for sin tax is excise tax.

A) True
B) False

Correct Answer

verified

Show Answer

Question 82

True/False

Review LaterAdd Note

Review Later

John Fielder is a renowned photographer of the Colorado Rocky Mountain region. Each of his works is copyrighted. This means that anyone can use his photos so long as they give Mr. Fielder notice.

A) True
B) False

Correct Answer

verified

Show Answer

Question 83

True/False

Review LaterAdd Note

The warranty you receive in the box with an iPad is an express warranty.

Common law relies on decisions made by judges in previous cases. These earlier decisions are called:

Money collected from excise taxes goes toward a specific purpose.

A bankruptcy allows creditors to get at least part of their money when there are assets available to divide among the creditors.

Big Buxx National Bank has decided to change its advertising campaign. In the new campaign it will announce that the bank has the lowest bank fees in the country even though it has not done research to discover whether this is, in fact, true. Business law is the framework within which a competitor could take Big Buxx to court in the event its claims are not true.

Who owns the copyright of a cartoon character created by an employee of a firm as part of their normal job responsibilities?

Chapter 13 bankruptcy permits individuals and small-business owners to repay creditors over a period of three to five years.

The Environmental Protection Agency is an example of a(n) :

In 1978, a 13-year-old boy was severely burned in a rear-end collision involving a Ford Pinto. The case went to court and Ford was ordered to pay $125 million in punitive damages based on the legal principle of:

The Bankruptcy Reform Act of 2005 made it easier for individuals to eliminate most debts in a bankruptcy.

Trial courts hear cases involving criminal and civil law.

Negotiable instruments are forms of commercial paper.

A software development firm based in Florida and conducting business in Texas is unsure about the differences in state laws regarding business transactions. What body of laws standardizes interstate business regulations?

A trademark gives exclusive legal protection to a name, symbol, or design that distinguishes the goods or services of one seller from those of competitors.

Concerns over the increase in the number of business laws and regulations that were costing the public money led to:

Sunland's mayor has just signed legislation requiring fire sprinklers in every public school. This is an example of:

The Federal Trade Commission Act of 1914 prohibits minors from entering into contracts.

Unintentional behavior that causes harm or injury is an example of a tort.