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Business Law for Entrepreneurs Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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Question 1 1. Which federal agency serves as our nation's consumer protection agency and administers laws designed to protect the rights of consumers?

Question 2 2. The 'Exploding Coca-Cola Case' is based on which of the following types of product liability?

Question 3 3. In a patent infringement case, the court will mostly rely on the part of the patent filing that defines specific patent protections by explaining the scope of the invention. What is this part of the patent application called?

Question 4 4. Once granted, how long are most patents valid for?

Question 5 5. The goal of employment law is to:

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Question 6 6. Which of the following is NOT typically considered to be a subject covered by employment law?

Question 7 7. Several American companies specialize in Earth to Moon space tours. Moondust Ventures reduced the number of its competitors by purchasing most of them and as a result, became dominant. This year, the company attempted a hostile takeover of another major competitor. The U.S. government intervened and blocked Moondust Ventures' purchase. Which federal agency would be concerned with stopping a business monopoly?

Question 8 8. The Dodd-Frank Wall Street Reform and Consumer Protection Act was created in response to what financial event?

Question 9 9. Which of the following is NOT protected by intellectual property laws?

Question 10 10. Intellectual property is like other forms of property, EXCEPT that _____.

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Question 11 11. Lucille comes up with an innovative way to market to her clients. This business secret is likely something that can be protected by:

Question 12 12. I own a motivational speaking company. I have one secret motivational ingredient that I include in every speech I give. I have an administrative assistant who has been privy to this secret ingredient by watching me prepare. I'm nervous that my assistant might compromise this secret, should I patent it?

Question 13 13. Jan is a music teacher at an elementary school. She writes a play for her students to perform. The next year, she learns that another elementary school copied and is performing the same play. Jan never registered or published the play. Which of the following is true?

Question 14 14. Which of the following is NOT automatically copyrighted?

Question 15 15. The main federal laws concerning trademark infringement can be found in:

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Question 16 16. Carrie opens a small coffee shop in a small Colorado town and names it 'Grounds'. Charlie owns a large commercial landscaping business in Los Angeles also named 'Grounds'. Charlie's company has been around for six years, while Carrie's business is brand new. Both companies claim a trademark to this name, but neither has registered the name. When Googling his company, Charlie discovers Carrie's small business and sues her for trademark infringement. What is the likely result?

Question 17 17. The Environmental protection Agency does what?

Question 18 18. On Indian Reservations, what act would prohibit Native Americans from hunting bald eagles?

Question 19 19. Holly has just gotten pregnant. Usually Holly goes on a large number of sales calls, which requires her to travel frequently. A doctor has recommended she limit her traveling because of certain symptoms with her pregnancy. According to the PDA, is the company obligated to adjust Holly's job duties while she is pregnant and experiencing these symptoms?

Question 20 20. What type of conditions cover the PDA?

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Question 21 21. Why might an employer be allowed to refuse an accommodation under the ADA?

Question 22 22. Which type of employer is subject to the ADA?

Question 23 23. Which of the following must be part of a contract for it to be enforceable?

Question 24 24. When a guest enters a bar and orders a few drinks, he is expected to pay because:

Question 25 25. Molly was excited to use her tax refund to purchase a brand new dining room set. To her dismay, when the new furniture was delivered to her home, she detected several nicks in the table and some snags and dirt marks on the chair cushions. Molly called the store to reject her order and demand that her deposit be immediately returned. The manager of the store refused, and Molly was forced to take legal action. The laws that safeguard Molly's rights as a customer are called _____.

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Question 26 26. Laura invents a robot lawnmower. This lawnmower will mow lawns with no human involvement. Laura wants to protect her rights to this invention. Laura should file for a:

Question 27 27. Which of the following businesses is LEAST likely to use employment law?

Question 28 28. Which of the following is an example of the Food and Drug Administration's regulatory power?

Question 29 29. Alex invents a small water faucet that dispenses boiling water. He applies for and obtains a patent. Andrew then uses Alex's design without Alex's permission to manufacture and distribute the faucet. This is an example of _____.

Question 30 30. Jenna wants to sue Jill for patent infringement. Jenna should file her case in:

Business Law for Entrepreneurs Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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