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Chapter 4 Vocabulary & Concepts

Quiz by Adam Zlomke

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15 questions
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  • Q1
    Principles of morality or rules of conduct.
    Business Ethics
    Antitrust Laws
    Ethics
    Code of Ethics
    30s
  • Q2
    The obligation of a business to contribute to the well-being of a community.
    Copyright
    Social Responsibility
    Antitrust Laws
    Public Utility
    30s
  • Q3
    Rules about how businesses and their employees ought to behave.
    Ethics
    Code of Ethics
    Business Ethics
    Antitrust Laws
    30s
  • Q4
    A natural resource, such as gas, coal, copper, or iron ore, that cannot be replaced once it is used up.
    Non-renewable Resource
    Patent
    Public Utility
    Monopoly
    30s
  • Q5
    A statement of values and rules that guides the behavior of employees or members of an organization.
    Ethics
    Business Ethics
    Antitrust Laws
    Code of Ethics
    30s
  • Q6
    A business that supplies a service or product vital to all people; the price charged for the service (or product) is determined by government regulation rather than by competition.
    Public Utility
    Copyright
    Trademark
    Monopoly
    30s
  • Q7
    Laws designed to promote competition and fairness and to prevent monopolies.
    Antitrust Laws
    Business Ethics
    Ethics
    Code of Ethics
    30s
  • Q8
    Protection of the work of authors, composers, and artists.
    Copyright
    Trademark
    Patent
    Monopoly
    30s
  • Q9
    An agreement to exchange goods or services for something of value.
    Code of Ethics
    Patent
    Contract
    Copyright
    30s
  • Q10
    The exclusive right given to a person to make, use, or sell an invention for a period of 20 years.
    Copyright
    Public Utility
    Patent
    Trademark
    30s
  • Q11
    A word, letter, or symbol associated with a specific product or company
    Trademark
    Patent
    Copyright
    Non-renewable Resource
    30s
  • Q12
    A business that has complete control of the market for a product or service.
    Trademark
    Public Utility
    Contract
    Monopoly
    30s
  • Q13
    Which of the following items do Governments use to borrow money from its citizens?
    furniture
    bonds
    promissory notes
    stock
    30s
  • Q14
    Public employees make up about ____% of American workers.
    10%
    20%
    16%
    5%
    30s
  • Q15
    How old must you be to be protected by the Age Discrimination in Employment Act when you are being judged for employment?
    40
    35
    55
    50
    30s

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