Quiz 7 â Business Law, Appendix 2 Name 1.______ refers to an ...
Quiz 7 â Business Law, Appendix 2 Name 1.______ refers to an ...
Quiz 7 â Business Law, Appendix 2 Name 1.______ refers to an ...
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10.________ governs the sale of goods, leases, warr<strong>an</strong>ties, tr<strong>an</strong>sfer of funds, <strong>an</strong>d a variety of other businessrelatedactivities.a. Uniform Commercial Codeb. Administrative lawc. Common lawd. Statu<strong>to</strong>ry law1<strong>1.</strong> A ________ is a legal monopoly that gives <strong>an</strong> inven<strong>to</strong>r the exclusive right over the invention for a limitedtime period.a. trademarkb. patentc. copyrightd. property symbol12. The statute of limitations is the time period in which a lawsuit must be initiated.a. Trueb. False13. Chapter 7 b<strong>an</strong>kruptcy is a form of b<strong>an</strong>kruptcy that allows individual deb<strong>to</strong>rs <strong>to</strong> set up a repayment <strong>to</strong> adjusttheir debts.a. Trueb. False14. The Nike swoosh <strong>an</strong>d Libby's green gi<strong>an</strong>t are both examples of:a. patents.b. copyrights.c. trademarks.d. contracts.15. Unintentional <strong>to</strong>rts, also known as negligence, arise because of careless or irresponsible behavior.a. Trueb. False
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