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BML Final Set 5
Test Description: BML Final Set 5
Instructions: Answer all questions to get your test result.
1) When a company has a written code of ethics,
A
all of these.
B
its employees will never act unethically.
C
its employees will know exactly what is expected of them in all circumstances.
D
proper employee behavior is more easily identified.
2) Which of these is the copyright symbol?
A
circle C ©
B
any of these, depending on the item copyrighted.
C
TM
D
circle R ®
3) Which of these is the symbol for a registered trademark?
A
any of these, depending on the item trademarked.
B
TM
C
circle C ©
D
circle R ®
4) Which of these is the symbol for an unregistered trademark?
A
circle C ©
B
circle R ®
C
any of these, depending on the item trademarked.
D
TM
5) A contract in which all parties have fully performed their requirements is called
A
an executed contract.
B
an executory contract.
C
a contract.
D
a requirements contract.
6) ___ are principles of morality or rules of conduct.
A
Customs
B
Cultures
C
Traditions
D
Ethics
7) The exclusive right of an inventor to make, sell and use a product or process is called a
A
patent.
B
sham.
C
copyright.
D
trademark.
8) Which of these statements is true?
A
All written contracts are legal.
B
No written contracts are legal.
C
A written document is never required for contracts to be legal.
D
A written document is required for certain kinds of contracts to be legal.
9) Income that a business receives over time is called
A
revenue.
B
expenses.
C
amortization.
D
profit.
10) Social responsibility
A
benefits employees and the community and costs the company nothing.
B
is required by law.
C
benefits noone while costing the company money.
D
benefits employees and the community at some expense to the company.
*select an answer for all questions
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