[Technopreneurship 101] Midterm Examination

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16 Questions

What is the primary purpose of an employee handbook?

Employment rights and obligations

Which document primarily protects intellectual property after an employee's departure?

Non-Disclosure Agreement

What is the primary function of a partnership agreement?

Defining the terms and obligations between partners

Which document outlines the terms and conditions for running advertisements?

Advertising Contract

What does a non-compete agreement primarily aim to do?

Restricting competition post-employment

What is the primary purpose of a buy/sell agreement?

Facilitating the sale of a business interest upon a specified event

What document protects confidential business information from disclosure?

Non-Disclosure Agreement

What does a terms of service policy govern primarily?

User behavior on a website/application

What legal document outlines the transfer of business ownership upon certain events?

Buy/Sell Agreement

What is the primary purpose of a non-disclosure agreement (NDA)?

Protecting proprietary information

Which document specifies the terms of employment between an employer and an employee?

Employment Agreement

What is the main purpose of a buy/sell agreement?

Defining terms between business partners

What document primarily addresses the protection of a business from competition by former employees?

Non-Compete Agreement

What is the primary function of an employee handbook?

Communicating employee rights and responsibilities

What legal document outlines the terms of service for using a business website or application?

Terms of Service/Privacy Policy

What does a non-compete agreement primarily restrict?

Employee competition post-employment

Study Notes

  • An employee handbook outlines company policies, procedures, and expectations for employees.

Intellectual Property Protection

  • A non-disclosure agreement (NDA) protects confidential business information from disclosure.

Business Ownership and Transfer

  • A buy/sell agreement outlines the transfer of business ownership upon certain events, such as death or retirement.
  • A partnership agreement outlines the terms and conditions of a business partnership.

Employment Agreements

  • A non-compete agreement primarily aims to restrict former employees from competing with the business.

Website and Application Terms

  • A terms of service policy governs the terms and conditions for using a business website or application.

Confidentiality and Competition

  • A non-disclosure agreement (NDA) primarily aims to protect confidential business information from disclosure.
  • A non-compete agreement primarily restricts former employees from competing with the business.

Employee Rights and Responsibilities

  • An employment contract specifies the terms of employment between an employer and an employee.

This is the midterm examination for the course Technopreneurship 101. The quiz text provides an example of a confirmation message sent to a student after submitting their answers through Google Forms.

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