Key Terms
Monopolys and ect.
Acts
Trademarks etc.
Computer Stuff
100
a legal process that allows the selling of assets to pay off debts.
What is Bankruptcy
100
monopoly exists when only one company provides a product or service without competition from other companies
What is monopoly
100
The first major law promoting competition was the Sherman Antitrust Act of 1890.
What is SHERMAN ACT
100
an agreement in which the federal government gives an inventor the sole right for 20 years to make, use and sell an invention or a process.
What is Patients
100
worldwide network of linked computers that allow users to transfer data from one computer to another
What is Internet
200
a tax on material goods owned
What is property tax
200
a natural monopoly may be better for consumers than competition because of the large cost involved in developing or supplying a product or service
What is a natural monopoly
200
One part of the law forbids corporations from acquiring ownership rights in other corporations if the purpose is to create a monopoly or to discourage competition
What is CLAYTON ACT
200
distinguish name, symbol, o special mark paced one good o service that legally reserved for the sole use of the owner.
What is Trademarks
200
serves users in a single building or building complex.
What is Local area network
300
a tax levied on the retail price of goods and services at the time they are sold.
What is sales tax
300
Keyboard Mouse Scanner Voice recognition system Digital camera
What is Input devices
300
The Robinson-Patman Act of 1936 amended the portion of the Clayton Act dealing with the pricing of goods. The main purpose of the pricing provisions in both of these laws is to prevent price discrimination
What is ROBINSON-PATMAN ACT
300
similar to patent in in the federal government gives an author the sole right to reproduce, publish and sell literary or artistic work for the life of the author, typically, plus 70 years.
What is Trademark
300
screen users who enter and/or exit a network
What is Firewall
400
income tax is a tax on the profits of businesses and the earnings of individuals
What is income tax
400
False advertising is advertising that is misleading in some important way, including the failure to reveal facts about possible results from using the advertised products.
What is False advertising
400
In 1938, the Wheeler-Lea Act was passed to strengthen earlier laws outlawing unfair methods of competition. This law made unfair or deceptive acts or practices, including false advertising, unlawful. False advertising
What is WHEELER-LEA ACT
400
Gordon Moore predicted that the amount of data that can be processed by a computer chip would double every 18 months.
What is Moore’s Law
400
web page address
What is Hyperlink
500
Assessed valuation is the value of property determined by tax official
What is Assessed valuation
500
Have to Have the same price for all costumers
What is price discrimination
500
The Federal Trade Commission (FTC) was created as the result of many businesses demanding protection from unfair methods of competition.
What is FEDERAL TRADE COMMISSION
500
allows company to share certain information with selected people outside the company.
What is Extraneat
500
Monitor Storage floppy’s, cds, usb flash drive Hard drive Printer
What is Output device