apu busn 311 Week 2 quiz

apu busn 311 Week 2 quiz

Question
	
Question 1 of 10



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International law includes all of the following except:



 A.The law of
sovereign foreign countries 



 B.Foreign custom and
religious law 






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 C.Private contracts between parties in
different states in the United States 



 D.International
treaties and conventions 






Answer Key: 



Question 2 of 10



10.0 Points



Political risk is not affected by a weak or volatile rule of
law



 A.True 



 B.False 






Answer Key: 



Question 3 of 10



10.0 Points



Which of the following is not a required element for a valid
contract in the United States



 A.offer 



 B.acceptance 



 C.price 



 D.consideration 






Answer Key: 



Question 4 of 10



10.0 Points



The Statute of Frauds:



 A.requires parties to
attest that they are honest 



 B.mandates that
parties must have legal capacity to enter a contract 



 C.turns a contract
into a criminal case if fraud is present 



 D.requires that some contracts be in writing
in order to be enforced 






Answer Key: 



Question 5 of 10



10.0 Points



A counter offer is a rejection of the offer.



 A.True 



In B.False 






Answer Key: 



Question 6 of 10



10.0 Points



All of the following are defects that would trigger strict
liability except:



 A.customer using the product inly 



 B.design defect 



 C.manufacturing
defect 



 D.warning defect 






Answer Key: 



Question 7 of 10



10.0 Points



Which of the following is a legitimate subject matter for a
patent?



 A.a mathematical
formula 



 B.a business process 



 C.products of nature 



 D.printed material 






Answer Key: 



Question 8 of 10



10.0 Points



Which of the following is not a factor in determining
whether a trademark is inherently distinctive:



 A.usefulness 



 B.fanciful 



 C.arbitrary 



 D.suggestive 






Answer Key: 



Question 9 of 10



10.0 Points



Trade secret disclosure suits can be filed with the USPTO.



In A.True 



 B.False 






Answer Key: 



Question 10 of 10



10.0 Points



Business policies are usually inconvenient restrictions and
a business hindrance.



In A.True 



 B.False 






Answer Key: