1.01 Agents
Sports Agent
Which unfair, anticompetitive trade practice occurs when one organization copies another company's trademarks to use for its own profit?
Trademark Infringement
What area of loss prevention keeps fans safe, protects property, and sells a favorable image to the public?
Security
Which term is used for a sponsor who is the only one in their particular category?
Exclusivity
What term is used when employees join together as a single unit to negotiate with management?
Collective bargaining
What additional occupation do sports agents often have?
Attorney
What is a court order that stops infringing activities until the trial begins in court?
Injunction
Which type of insurance protects sport/event organizations or sponsors from loss of income due to contest awards?
Prize indemnity
What allows a sponsor to extend their agreement after the contract expires?
Option to renew
What is the name for a union of athletes which generally represents the players' interests?
Players Associations
What is the biggest responsibility of a sports agent?
Negotiating Contracts
Which Act was created to encourage competition and regulate interstate commerce allowing team owners to move freely move their teams to other cities?
Sherman Antitrust Act
What is another name for fake tickets?
Counterfeit tickets
What term allows sponsors the opportunity to renew before offering the contract to other sponsors?
Right of first refusal
What is an element of a collective bargaining agreement that allows players to sell their services to the highest bidding team after playing an agreed-upon number of years with their original team?
Free agency
What are the rules that the ABA put together in order to mandate what is permissible and non-permissible for a lawyer to do?
MRPC Model Rules of Professional Conduct
Which Act prevents trademark infringement?
Lanham Act
What ticketing problem results in reselling tickets for more than their face value?
Ticket scalping
A sponsor contract should include guidelines on how and how often the sponsor is allowed to use what?
Trademarks (such as a logo)
Which Act gave all U.S. workers the right to organize into unions to collectively bargain and strike?
National Labor Relations Act