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Business Law & Regulation 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 of the following businesses is LEAST likely to use employment law?

Question 2 2. Darren developed a complicated process that helps him speed the growth of tomatoes at his nursery. A neighboring nursery copied his idea and is trying to patent it. Which type of unfair competition is this?

Question 3 3. Partnerships, sole proprietorships, and limited liability companies are all types of:

Question 4 4. Copyright infringement is a:

Question 5 5. Surry wants to become a dog groomer. Therefore, she sets up shop in her home and sends invitations to all of her pooch-loving friends. After several months in business, the city shuts her down, citing that she does not have a license to groom dogs. Horrified, she cries foul play. Can they do that?

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Question 6 6. Product liability laws are:

Question 7 7. What is meant by patent pending?

Question 8 8. The Miranda Rights do what?

Question 9 9. Which is necessary to form a contract?

Question 10 10. 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?

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Question 11 11. Sally received a copy of her credit report and noticed an error. The report lists a credit card she has never owned. She wants to dispute this error. What law contains information about how to do this?

Question 12 12. Smitty was arrested on his way home. When he was brought into the police station, he was locked up for over 6 days without being informed of the charges. What type of due process was violated?

Question 13 13. PNC Bank does not allow its tellers to provide access to consumers inquiring about their chequing or savings accounts without proving their identity first. This prevents individuals from impersonating account holders in order to gain access to personal and sensitive account information. This is known as the _____ under the Gramm-Leach-Bliley Act.

Question 14 14. Billy borrowed Tony's car. When Billy showed up to get the keys, he was visibly upset. He was punching trees and yelling loudly. Billy's girlfriend had just broken up with him. Tony knows that Billy has been in trouble with the law before for speeding and reckless driving. Should something happen to Tony's car while in Billy's possession, what did Tony enter into?

Question 15 15. George rents a swanky ballroom for his 20th anniversary reception and signs a contract with the ballroom's owner. Unfortunately, there is no free parking available in the area for his guests. All of his guests end up paying for parking in a nearby garage. What is the role of the parking garage in this arrangement?

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Question 16 16. Business crimes include:

Question 17 17. When a business owner engages in certain illegal activities, the RICO Act applies when...

Question 18 18. Shelly is a bartender at a local golf club. Oftentimes, when players lose, they are rude to the servers. One day, a man asked for a bottle of beer and did not thank her for the service. Fed up, Shelly cracked the bottle over his head. Who is responsible for the damages?

Question 19 19. Employment laws are designed to:

Question 20 20. What is one of the ways in which a person can be stripped of his right to liberty under the Fifth Amendment?

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Question 21 21. Once granted, how long are most patents are valid for?

Question 22 22. When a company makes untrue statements about its products, it is guilty of:

Question 23 23. The Gramm-Leach-Bliley Act is the main law governing:

Question 24 24. Joe needs to pass an electrical inspection on the first try to remain on schedule. He thinks that the inspector will probably find a few violations that will cost Joe extra time and money to address. So, Joe decides to slip the inspector a few hundred dollars. What is Joe guilty of?

Question 25 25. What is a promisor?

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Question 26 26. As a whole, employment law is the area of law that governs:

Question 27 27. Joe was arrested for loitering. Upon his arrest, he was denied a phone call. What type of due process was he denied?

Question 28 28. This law prevents discrimination by creditors in all decisions involving credit:

Question 29 29. Soda-Pop asks Lady GiGi if they can use her song in a television commercial and she agrees. Soda Pop will pay Lady GiGi. This is called:

Question 30 30. In business, the First Amendment provides:

Business Law & Regulation 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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