Category 1
This act bans unfair methods of competition and deceptive acts or practices.
What is the Federal Trade Commission Act?
These are a set of laws that are used to regulate commercial transactions
What is the Uniform Commercial Code?
This act protected the rights of the inventors of the computer, television, etc.
What is the Patent Act of U.S?
This is a secret agreement or cooperation
What is Collusion?
This act can give an employee 12 weeks unpaid leave because his/her parents are sick
What is the Family and Medical Leave Act?
These laws proscribes unlawful mergers and business practices which leaves courts to decide if they are illegal.
What are the Antitrust Laws?
This a broken promise about a product made by a manufacturer or seller
What is a Breach of Warranty?
This act registered intellectual properties symbol as a capital R within a circle
What is the Lanham Act?
This a market condition where there are only a few sellers
What is an Oligopoly
This act sets an unprecedented standard for child labor
What is the Fair Labor Standards Act?
This act originally targeted Monopolies
What is the Sherman Antitrust Act?
This is the failure of acting interested in another party
What is a Breach of fiduciary Duty?
This law protects rights to maps, books, and other original material
What is the Copyright Law?
This is when two companies illegally set prices
What is price fixing?
This act provides income to the elderly
What is the Social Security Act?
This act focuses on mergers and interlocking directorates
What is the Clayton Act?
This is the failure of living up to a contract term before the performance arrives
What is a Anticipatory Breach?
Patents lasts up to 20 years, but trademarks can be renewed forever
What is the difference between Patent and a Trademark?
This an agreement between competitors that have market power not to do business with targeted individuals or businesses
What is a Group Boycott?
This act creates federal protection for employees from a job related death, injury and illness
What is the Occupational Safety and Health Act?
This government is an entity that works to prevent unfair competitive practices and administers consumer protection laws
What is Federal Trade Commission?
This is failing to maintain legal obligation so you can maintain your property
What is the Breach of Rental Agreement?
This a work or invention from a person in which he/her has rights to apply patent, trademark, copyright, etc.
What is intellectual Property?
This the exclusive possession or control over the supply or trade of a commodity or service
What is a Monopoly?
Because of this act current minimum wage is now $7.25
What is the Fair Labor Standard Act?