Ethics and Competition
Government Influence
Business Roles
Intellectual Property
Taxes
100
This exists when a business has control of the market for a product or service.
What is a monopoly.
100
The government purchases make up approximately this percent of all foods and services the country produces.
What is 20 percent.
100
Electric, telephone, and water works companies are considered to be this.
What is a utility company.
100
This is how you would verbally describe a copyright symbol.
What is the letter c with a circle around it.
100
This tax is based on the value of land and buildings.
What is property tax.
200
Consumers are protected from false advertising, deceptive packaging and misleading labeling through the creation of these laws.
What is anti-trust laws.
200
The Age Discrimination in Employment Act protects all persons of this age and older from employers who attempt to use age as a basis for employment decisions.
What is 40 years of age.
200
Oil, gas, and coal are considered to be this.
What is non-renewable resources.
200
A patent gives an investor of a new product the sole right to make, use, or sell the item for this length of time.
What is 20 years.
200
This tax is used to fund schools, police protection and community parks.
What is property tax.
300
The principles of morality or rules of conduct.
What is ethics.
300
Approximately this percent of American workers are classified as public employees.
What is 16 percent.
300
This is an agreement to exchange goods or services for something of value.
What is a contract.
300
This can be used to protect the creative work of authors, composers, and artists.
What is copyright.
300
This is the largest source of revenue for the federal government.
What is income tax. More specifically, individual income tax.
400
Daily Double (only the team that chose this square has the ability to wager)
The government borrows money by selling these.
400
Saving scarce natural resources.
What is conservation.
400
Business dealings involving companies in more than one state.
What is interstate commerce.
400
A word, letter, or symbol linked with a specific company or product.
What is a trademark (logo)
400
A state or local tax on goods and services.
What is sales tax.
500
This is an administration that work safety standards are regulated and enforced by.
What is the Occupational Safety and Health Administration (OSHA will NOT count for Ch. 4 test)
500
Police and fire protection is usually provided by this type of government.
What is local government.
500
Employees would more easily identify proper employee behavior with the creation of this.
What is code of ethics.
500
Daily Double (only the team that chooses this square has the ability to wager)
What is government income called?
500
Valid, enforceable contracts must contain "something of measurable value that must be exchanged by the parties involved".
What is consideration