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Fair Competition
Regulations
Intellectual Property
Taxes
Other
100
An act passed in 1890 that discouraged monopolies by outlawing business agreements among competitors that might promote monopolies.
What is the Sherman Act
100
The responsibility for physical or economic injury arising from incorrect data or wrongful use of data
What is information liability
100
An agreement where an inventor gets sole right to make, use, and sell an invention or process
What is patent
100
Tax rate remains the same regardless of the amount taxed
What is proportional tax
100
The selling of assets to pay off debts.
What is bankruptcy
200
Act in 1936 that prevented price discrimination.
What is Robinson-Patman Act
200
A way to limit and control who plan to enter certain types of businesses
What is licensing
200
A patent lasts this long usually
What is 20 years
200
Tax on the profits of businesses and the earnings of individuals
What is income tax
200
Tax on material goods owned
What is property tax
300
Act in 1938 that outlawed false advertising.
What is Wheeler-Lea Act
300
Business interactions that cross state lines
What is interstate commerce
300
Similar to a patent, but is for literary or artistic work
What is copyright
300
Tax rate decreases as the taxable amount increases
What is regressive tax
300
A personal property tax is a tax on possessions that are ______
What is movable
400
Created as a result of many businesses demanding protection from unfair methods of competition.
What is FTC (Federal Trade Commission)
400
Control the physical features of structures
What are building codes
400
A copyright lasts ______ from the time of the author's death
What is 70 years
400
Tax based on the ability to pay
What is progressive tax
400
Value of a property determined by tax officials
What is assessed valuation
500
Federal agency that regulates radio, television, and other communications.
What is Federal Communications Commission (FCC)
500
Specify which land areas may be used for homes and which areas may be used for different types of businesses
What is zoning
500
A distinguishing name, symbol, or special mark
What is trademark
500
A kind of sales tax that applies only to selected goods and services
What is excise tax
500
Contract that permits a person or organization to use public property for private profit
What is public franchise