Question 1

The Nike Swoosh and the Golden Arches of McDonald's are protected by which of the following?

Accepted Answer

A)  trademark 
B)  patent 
C)  copyright 
D)  commercially protected symbol 
A)  trademark 
B)  patent 
C)  copyright 
D)  commercially protected symbol

Question 2

Which term refers to the products and goods available to a population for a period of time?

Accepted Answer

A)  economic growth 
B)  entrepreneurship 
C)  quality of life 
D)  standard of living 
A)  economic growth 
B)  entrepreneurship 
C)  quality of life 
D)  standard of living

Question 3

Which of the following guarantees that the product you buy will conform to the customary standards of the trade/industry?

Accepted Answer

A)  implied warranty 
B)  express warranty 
C)  uniform warranty 
D)  commercial warranty 
A)  implied warranty 
B)  express warranty 
C)  uniform warranty 
D)  commercial warranty

Question 4

A private wrong that results in physical or mental harm to an individual or results in damage to that person's property is referred to as which of the following?

Accepted Answer

A)  tort 
B)  punitive judgment 
C)  felony 
D)  misdemeanour 
A)  tort 
B)  punitive judgment 
C)  felony 
D)  misdemeanour

Question 5

Who owns the copyright of a cartoon character created by an employee of a company as part of their normal job responsibilities?

Accepted Answer

A)  the employee who created the cartoon character 
B)  the employer of the cartoon character's creator 
C)  all of the employees that worked on the cartoon character 
D)  the union that represents the employee 
A)  the employee who created the cartoon character 
B)  the employer of the cartoon character's creator 
C)  all of the employees that worked on the cartoon character 
D)  the union that represents the employee

Question 6

Compare and contrast the protection offered by patents,copyrights,and trademarks.

Accepted Answer

Patents are for inventions; copyrights a

Question 7

What is Canada doing to deal with our lack of skilled workers?

Accepted Answer

A)  creating a program to attract skilled immigrants 
B)  investing money in colleges 
C)  giving companies tax breaks for more training 
D)  giving scholarships for the skilled trade programs 
A)  creating a program to attract skilled immigrants 
B)  investing money in colleges 
C)  giving companies tax breaks for more training 
D)  giving scholarships for the skilled trade programs

Question 8

Why is Alberta receiving $10 million from Sustainable Development Technology Canada?

Accepted Answer

To help make the oil sands les

Question 9

A patent gives inventors exclusive rights to their inventions for 20 years.

Accepted Answer

A) True 
 B)False

Question 10

Canada's federal government has decreased its investment in clean energy projects as there are doubts about global warming.

Accepted Answer

A) True 
 B)False

Question 11

Describe some of the areas that the provincial government has authority over?

Accepted Answer

Labour laws,education,health a

Question 12

The federal government of Canada collects money from all the provinces and then redistributes money from rich provinces to poorer ones.Alberta is making a lot of money right now due to the increased production in the Athabasca Tar Sands and the high price of oil.Some of the tax money is going from Alberta to Quebec via the federal government.What is the term to describe this?

Accepted Answer

A)  redistribution payments 
B)  transfer payments 
C)  transfer assistance 
D)  rebalancing resource wealth 
A)  redistribution payments 
B)  transfer payments 
C)  transfer assistance 
D)  rebalancing resource wealth

Question 13

Bylaws are controlled by which level of government?

Accepted Answer

A)  federal 
B)  provincial 
C)  municipal 
D)  community 
A)  federal 
B)  provincial 
C)  municipal 
D)  community

Question 14

The intent of a patent is to do which of the following?

Accepted Answer

A)  increase competition in the marketplace 
B)  reward innovation and hard work of inventors 
C)  slow the growth of monopolies 
D)  encourage copycat inventions 
A)  increase competition in the marketplace 
B)  reward innovation and hard work of inventors 
C)  slow the growth of monopolies 
D)  encourage copycat inventions

Question 15

Describe the similarities and differences between "quality of life" and "standard of living."

Accepted Answer

Standard of living is the quality and qu

Question 16

What is a business and how does it survive and maintain a profit?

Accepted Answer

A business is an organization that provi

Question 17

The social movement designed to increase and strengthen the rights and powers of buyers in business transactions is called which of the following?

Accepted Answer

A)  environmentalism 
B)  capitalism 
C)  socialism 
D)  consumerism 
A)  environmentalism 
B)  capitalism 
C)  socialism 
D)  consumerism

Question 18

Which province is the only one where there is no sales tax?

Accepted Answer

A)  Ontario 
B)  British Columbia 
C)  Quebec 
D)  Alberta 
A)  Ontario 
B)  British Columbia 
C)  Quebec 
D)  Alberta

Question 19

Not-for-profit organizations are measured by different standards than for-profit businesses.Who is responsible for regulating these organizations?

Accepted Answer

A)  their customers 
B)  their vendors 
C)  their suppliers 
D)  the government 
A)  their customers 
B)  their vendors 
C)  their suppliers 
D)  the government

Question 20

Warren Tee was injured using a hair dryer manufactured by the Whoopee Electrical Products Company.Warren has contacted a lawyer because he feels that Whoopee is responsible for his injury based on the legal principle of which of the following?

Accepted Answer

A)  restricted endorsement 
B)  fault free obligations 
C)  patent infringement 
D)  strict liability 
A)  restricted endorsement 
B)  fault free obligations 
C)  patent infringement 
D)  strict liability

The Nike Swoosh and the Golden Arches of McDonald's are protected by which of the following?

Which term refers to the products and goods available to a population for a period of time?

Which of the following guarantees that the product you buy will conform to the customary standards of the trade/industry?

A private wrong that results in physical or mental harm to an individual or results in damage to that person's property is referred to as which of the following?

Who owns the copyright of a cartoon character created by an employee of a company as part of their normal job responsibilities?

Compare and contrast the protection offered by patents,copyrights,and trademarks.

What is Canada doing to deal with our lack of skilled workers?

Why is Alberta receiving $10 million from Sustainable Development Technology Canada?

A patent gives inventors exclusive rights to their inventions for 20 years.

Canada's federal government has decreased its investment in clean energy projects as there are doubts about global warming.

Describe some of the areas that the provincial government has authority over?

Bylaws are controlled by which level of government?

The intent of a patent is to do which of the following?

Describe the similarities and differences between "quality of life" and "standard of living."

What is a business and how does it survive and maintain a profit?

The social movement designed to increase and strengthen the rights and powers of buyers in business transactions is called which of the following?

Which province is the only one where there is no sales tax?

Not-for-profit organizations are measured by different standards than for-profit businesses.Who is responsible for regulating these organizations?

Warren Tee was injured using a hair dryer manufactured by the Whoopee Electrical Products Company.Warren has contacted a lawyer because he feels that Whoopee is responsible for his injury based on the legal principle of which of the following?

Economics Evolving Systems

Social Society, Corporate Responsibility, and Making Ethical Decisions

Technology Managing Information for Business Success

International The Global Marketplace

Entrepreneurship and Small Business

Analyzing the Business

Forms of Business Ownership

Management and Leadership in Today’s Organizations

Designing Organizational Structures

Motivating Employees

Managing Human Resources and Labour Relations

Marketing The Customer Focus

Creating Marketing Strategies

Achieving World-Class Operations Management

Accounting for Financial Success

Understanding Money and the Canadian Financial System

Finance Maximizing the Value

Filters

Exam 1: Politics Governments’ Roles

The Nike Swoosh and the Golden Arches of McDonald's are protected by which of the following?

Which term refers to the products and goods available to a population for a period of time?

Which of the following guarantees that the product you buy will conform to the customary standards of the trade/industry?

A private wrong that results in physical or mental harm to an individual or results in damage to that person's property is referred to as which of the following?

Who owns the copyright of a cartoon character created by an employee of a company as part of their normal job responsibilities?

Compare and contrast the protection offered by patents,copyrights,and trademarks.

What is Canada doing to deal with our lack of skilled workers?

Why is Alberta receiving $10 million from Sustainable Development Technology Canada?

A patent gives inventors exclusive rights to their inventions for 20 years.

Canada's federal government has decreased its investment in clean energy projects as there are doubts about global warming.

Describe some of the areas that the provincial government has authority over?

Bylaws are controlled by which level of government?

The intent of a patent is to do which of the following?

Describe the similarities and differences between "quality of life" and "standard of living."

What is a business and how does it survive and maintain a profit?

The social movement designed to increase and strengthen the rights and powers of buyers in business transactions is called which of the following?

Which province is the only one where there is no sales tax?

Not-for-profit organizations are measured by different standards than for-profit businesses.Who is responsible for regulating these organizations?

Warren Tee was injured using a hair dryer manufactured by the Whoopee Electrical Products Company.Warren has contacted a lawyer because he feels that Whoopee is responsible for his injury based on the legal principle of which of the following?

Economics Evolving Systems

Social Society, Corporate Responsibility, and Making Ethical Decisions

Technology Managing Information for Business Success

International The Global Marketplace

Entrepreneurship and Small Business

Analyzing the Business

Forms of Business Ownership

Management and Leadership in Today’s Organizations

Designing Organizational Structures

Motivating Employees

Managing Human Resources and Labour Relations

Marketing The Customer Focus

Creating Marketing Strategies

Achieving World-Class Operations Management

Accounting for Financial Success

Understanding Money and the Canadian Financial System

Finance Maximizing the Value

Filters