Principles of Business 3.01-3.02

In the US, total government purchases of goods & services make up ___ percent.

There are 120 Better Business Bureaus around the country

______ are principles of morality of rules of conduct.

A tax that's based pm the value of land and buildings is called _____________ tax.

All written contracts are legal

All of the following are non-renewable resources EXCEPT

The Age Discrimination in Employment Act protects all persons aged ____ and older

An implied warranty is imposed by law & is understood to apply even if its not stated

Government plays a role in all economic system

Saving scarce natural resources is called ______________.

Business ___________ are rules about how businesses and their employees out to behave.

Which of the following would NOT be considered a utility company?

Government is mainly concerned with all of the following roles EXCEPT

A public utility company is a company that is owned by the government

Which of the following is a copy right symbol?

A valid contract must contain __________: an offer must be make, and acceptance must occur.

Socially responsible actions benefit employees & community while costing the company nothing

The largest source of revenue for the federal government is the _______.

State or local tax on goods and services that is collected by the seller is called a ______ tax

Top management has little impact on the ethical conduct of business

The most important right you have as a consumer is to be heard

When the by-products of human actions taints the environment, ___________ occurs.

A company owned all of the grocery stores in the state.This situation would constitute a(n)

Antitrust laws protect consumers from all of the following EXCEPT

In the United States, police and fire protection is usually provided by the _______ government.

If a company has a code of ethics.....

About how many American workers are public employees?

Which question should you NOT ask yourself when considering the ethics of a business situation?

A patent gives an inventor of a new product the sole right to make, use, or sell the item for

Governments borrow money by selling ________.

Property tax revenue is used to pay all of the following EXCEPT

 A word, letter, or symbol linked with a specific company or product is a(n)

Government is the single largest employer in the U.S. economy

President John F. Kennedy presented the Consumer Bill of Rights in 1963

If you write an original song, you can protect it with a copyright