APU BUSN311 WEEK 2 QUIZ

BUSN311 WEEK 2 QUIZ

BUSN311 WEEK 2 QUIZ  Question  International law includes all of the following except:

1. The law of sovereign foreign countries
2. Foreign custom and religious law
3. Private contracts between parties in different states in the United States
4. International treaties and conventions

Question 2 of 10

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

1. True
2. False

Question 3 of 10

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

1. offer
2. acceptance
3. price
4. consideration

Question 4 of 10

The Statute of Frauds:

1. requires parties to attest that they are honest
2. mandates that parties must have legal capacity to enter a contract
3. turns a contract into a criminal case if fraud is present
4. requires that some contracts be in writing in order to be enforced

Question 5 of 10

A counter offer is a rejection of the offer.

1. True
2. False

Question 6 of 10

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

1. customer using the product incorrectly
2. design defect
3. manufacturing defect
4. warning defect

Question 7 of 10

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

1. a mathematical formula
2. a business process
3. products of nature
4. printed material

Question 8 of 10

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

1. usefulness
2. fanciful
3. arbitrary
4. suggestive

Question 9 of 10

Trade secret disclosure suits can be filed with the USPTO.

1. True
2. False

Question 10 of 10

Business policies are usually inconvenient restrictions and a business hindrance.

1. True
2. False

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