BML Final Set 5: Question Preview (ID: 9501)


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When a company has a written code of ethics,
a) its employees will know exactly what is expected of them in all circumstances. b) its employees will never act unethically. c) proper employee behavior is more easily identified. d) all of these.
Which of these is the copyright symbol?
a) circle C © b) circle R ® c) TM d) any of these, depending on the item copyrighted.
Which of these is the symbol for a registered trademark?
a) circle C © b) circle R ® c) TM d) any of these, depending on the item trademarked.
Which of these is the symbol for an unregistered trademark?
a) circle C © b) circle R ® c) TM d) any of these, depending on the item trademarked.
A contract in which all parties have fully performed their requirements is called
a) an executory contract. b) an executed contract. c) a contract. d) a requirements contract.
___ are principles of morality or rules of conduct.
a) Customs b) Traditions c) Cultures d) Ethics
The exclusive right of an inventor to make, sell and use a product or process is called a
a) trademark. b) copyright. c) patent. d) sham.
Which of these statements is true?
a) All written contracts are legal. b) A written document is required for certain kinds of contracts to be legal. c) A written document is never required for contracts to be legal. d) No written contracts are legal.
Income that a business receives over time is called
a) profit. b) revenue. c) expenses. d) amortization.
Social responsibility
a) is required by law. b) benefits employees and the community and costs the company nothing. c) benefits employees and the community at some expense to the company. d) benefits noone while costing the company money.
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