AnswersIntroduction to Business - EL3501 AAssignment

Study Guide and Quiz Answers

10 verified answers4 views
1
Free Preview

Which type of tort happens when you unfairly damage another company's reputation?

A
Fraud
B
Conflict
C
Interference
D
Defamation
2
Free Preview

A ________ is a civil wrong caused by negligence or intentional harm.

A
Conflict of interest
B
Breach
C
Union
D
Tort
3

Which of the following agencies protects human health and the natural environment?

A
The FTC
B
The EEOC
C
The CPSC
D
The EPA
4

If your company buys supplies from a company in a different state and sells your products to people within your city, what type of trade are you participating in?

A
Importing
B
Exporting
C
Global trade
D
Domestic trade
5

Which of the following is regulated by the FLSA?

A
Affirmative action
B
Health and safety procedures
C
Labeling of food products
D
Minimum wage
6

What type of relationship do a lawyer and a client have?

A
A labor relationship
B
A tort relationship
C
An administrative relationship
D
An agency relationship
7

Which of the following is an example of a conflict of interest?

A
A manufacturing company hires many employees.
B
A worker has two jobs at unrelated companies.
C
A lawyer represents the plaintiff and the defendant.
D
A competitor interferes with another company's contract.
8

Which of the following is a reason a country might put a tariff on imports?

A
To form an agency relationship
B
To increase its exports
C
To protect domestic companies
D
To create free trade
9

The U.S. encourages domestic companies to export because _____________.

A
It increases inflation.
B
It increases the number of U.S. consumers who buy domestic products.
C
It increases the value of a U.S. dollar.
D
It improves the interest rate.
10

Which of the following is true of unethical behavior?

A
It may cause people to lose trust in you.
B
It may be prevented by creating conflicts of interest.
C
It is always illegal.
D
It is regulated by administrative law.

Did you find these answers helpful?