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Questions and Answers
Which of the following is NOT a form of intellectual property?
Which of the following is NOT a form of intellectual property?
- Copyright
- Product liability (correct)
- Patent
- Trademark
What is the purpose of product safety laws?
What is the purpose of product safety laws?
- To enforce product liability
- To set safety standards for products (correct)
- To regulate international business
- To protect intellectual property
Which international organization aims to protect intellectual property?
Which international organization aims to protect intellectual property?
- Product Safety and Product Liability
- World Intellectual Property Organization (correct)
- 360 degree view
- Paris Convention for the Protection of Industrial Property
What does the Paris Convention for the Protection of Industrial Property do?
What does the Paris Convention for the Protection of Industrial Property do?
What raises important ethical issues in international business?
What raises important ethical issues in international business?
Which type of legal system makes a country more attractive for doing business?
Which type of legal system makes a country more attractive for doing business?
What are trademarks used for?
What are trademarks used for?
What is the purpose of copyrights?
What is the purpose of copyrights?
What is the purpose of patents?
What is the purpose of patents?
What does product liability involve?
What does product liability involve?
Which type of democracy restricts individual political freedom, including free speech, on the ground that it would lead to the rise of communism?
Which type of democracy restricts individual political freedom, including free speech, on the ground that it would lead to the rise of communism?
Which economic system is characterized by all productive activities being privately owned and production being determined by supply and demand?
Which economic system is characterized by all productive activities being privately owned and production being determined by supply and demand?
Which legal system is based on tradition, precedent, and custom, and is more flexible than other systems?
Which legal system is based on tradition, precedent, and custom, and is more flexible than other systems?
Which type of law is based on religious teachings, with Islamic law being the most common example?
Which type of law is based on religious teachings, with Islamic law being the most common example?
Under which legal system are contracts very detailed with all contingencies spelled out, making them more expensive and potentially adversarial?
Under which legal system are contracts very detailed with all contingencies spelled out, making them more expensive and potentially adversarial?
Which convention establishes a uniform set of rules governing certain aspects of the making and performance of everyday commercial contracts between sellers and buyers from different nations?
Which convention establishes a uniform set of rules governing certain aspects of the making and performance of everyday commercial contracts between sellers and buyers from different nations?
What are property rights?
What are property rights?
Which type of corruption involves public officials extorting income, resources, or property, either legally or illegally?
Which type of corruption involves public officials extorting income, resources, or property, either legally or illegally?
Which act makes it illegal to bribe a foreign government official to obtain or maintain business, and requires publicly traded companies to keep detailed records?
Which act makes it illegal to bribe a foreign government official to obtain or maintain business, and requires publicly traded companies to keep detailed records?
What is intellectual property?
What is intellectual property?
Which of the following best defines political economy?
Which of the following best defines political economy?
What are the two dimensions used to assess political systems?
What are the two dimensions used to assess political systems?
Which of the following best describes collectivism?
Which of the following best describes collectivism?
According to Karl Marx, in a capitalist society where individual freedoms are not restricted, who benefits at the expense of the many?
According to Karl Marx, in a capitalist society where individual freedoms are not restricted, who benefits at the expense of the many?
Which of the following best describes individualism?
Which of the following best describes individualism?
What is the main difference between democracy and totalitarianism?
What is the main difference between democracy and totalitarianism?
Which two concepts go hand in hand according to the text?
Which two concepts go hand in hand according to the text?
Which of the following is NOT a characteristic of democracy?
Which of the following is NOT a characteristic of democracy?
Which of the following is the best definition for political systems?
Which of the following is the best definition for political systems?
According to the text, what is the main focus of collectivism?
According to the text, what is the main focus of collectivism?
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