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BPA Business, Law, and Ethics
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BPA Business, Law, and Ethics
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25 Questions

1. Case law is another name for common law.

2. A power of attorney is a document that gives an agent authority to sign legal documents on behalf of the principal.

3. The major disadvantage of setting up a business as a sole proprietorship is the fact that the owner of the establishment has limited liability.

4. Employees are protected in the workplace by federal laws only.

5. trade dress

6. The document that lists the general powers of a corporation is called the:

7. business ethics

8. The burden of proof in a civil trial is preponderance of the evidence.

9. contracts not performed within 6 months

10. Real property includes land and everything permanently attached to it.

11. The limited liability company provides all of the owners with:

12. In most states, minors, those under the age of 18, lack the capacity to enter into a contract.

13. If an agreement imposes a legal obligation, then it is a(n):

14. The actions of corporations that are intended to demonstrate the corporate wish to behave responsively take many forms and are conducted under the banner of:

15. 9

16. A whistleblower is one who calls attention to unpleasant conditions at the workplace.

17. trademark

18. The two primary sources of contract law are the Uniform Commercial Code and Restatement of Contracts.

19. Identification of the parties to the contract and the subject of the agreement, but not penalties for nonperformance

20. Symbols used to identify services, as distinguished from goods, are called ______.

21. If an instrument fails to qualify as a negotiable instrument, it means that the instrument fails to be an enforceable contract.

22. A written note or letter in which one person promises to pay a certain amount of money to another at a definite time is known as a:

23. A distinctive, nonfunctional feature, which distinguishes a merchant's or manufacturer's goods or services from those of another, is known as a:

24. The expectations that a community places on the actions of a business are referred to as

25. Entering into a contract with persons of legal age and normal mentality is considered within the element of:

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