Podcast
Questions and Answers
What does a country's legal system encompass?
What does a country's legal system encompass?
- Only laws and regulations
- Only the processes of enacting and enforcing laws
- Set of laws and regulations, including the processes by which a country's laws are enacted and enforced, and the ways in which its courts hold parties accountable for their actions (correct)
- Only the ways in which a country's courts hold parties accountable for their actions
What is the primary purpose of antitrust regulations?
What is the primary purpose of antitrust regulations?
- To increase prices of commodities
- To promote monopolies
- To discourage fair competition
- To protect consumers from unfair business practices (correct)
What is the term for property that results from people's intellectual talent and abilities?
What is the term for property that results from people's intellectual talent and abilities?
- Copyright
- Patent
- Intellectual Property (correct)
- Industrial Property
What is the primary focus of corporate social responsibility (CSR)?
What is the primary focus of corporate social responsibility (CSR)?
What is the term for the responsibility of manufacturers, sellers, and individuals for damage, injury, or death caused by defective products?
What is the term for the responsibility of manufacturers, sellers, and individuals for damage, injury, or death caused by defective products?
Which of the following is a characteristic of a common law tradition?
Which of the following is a characteristic of a common law tradition?
What is the primary purpose of protecting intellectual property rights?
What is the primary purpose of protecting intellectual property rights?
Which type of law is based on religious teachings?
Which type of law is based on religious teachings?
What is the main goal of product safety and liability regulations?
What is the main goal of product safety and liability regulations?
What type of tax is imposed on the value added to a product at each stage of production and distribution?
What type of tax is imposed on the value added to a product at each stage of production and distribution?
What is the primary focus of antitrust laws?
What is the primary focus of antitrust laws?
What is the term for the rights to resources and any income they generate?
What is the term for the rights to resources and any income they generate?
What is the term for the practice of companies going beyond their legal obligations to balance commitments to stakeholders?
What is the term for the practice of companies going beyond their legal obligations to balance commitments to stakeholders?
Which type of law is based on a comprehensive legal code?
Which type of law is based on a comprehensive legal code?
What is the term for the protection of industrial creations, such as patents and trademarks?
What is the term for the protection of industrial creations, such as patents and trademarks?
