BMF Chapter 3 Review

Which of the following could be considered a trade secret?

Promoting the welfare of others.

Breach of contract is when one or more parties don't follow the terms of the contract without having a legitimate reason

The honesty of a person's actions.

Principles that help define appropriate behavior in a business setting.

Which government agency enforces federal laws regarding human health and the environment?

An individual's ideas of what is right and wrong.

Which governmental agency enforces laws that uphold truth in advertising?

Describes how the owners and employees of a company think, feel, and act as a business.

Subway selling an 11" sandwich and claiming it is a foot is an example of

Which goverment agency was created to enforce the US Antitrust laws?

A confidentiality agreement can prevent former employees from working for a competitor for a certain amount of time.

The right to safety, the right to be informed, and the right to choose freely are all examples of

Basic expectations of fair treatmen of consumers.

Toxic chemicals released by industrial businesses would fall under what type of law?

It is illegal to discriminate against a job applicant because of

Which goverment agency enforces workplace laws and regulations?

Laws that support fair business practices in a free market economy

Which of the following is not a required element of a legal contract?

Means that a person is legally able to enter into a binding agreement.