Chap 3 PBMF Business Law and Ethics

9. A contract to rent something is called a(n) ___________

23. A ____ contract lists the products or services provided by a business and the price the customer pays in exchange

3. A user agrees to the terms of a(n) ____________________ when the software is installed.

29. A(n) ____ is a proposal to provide a good or service.

2. A(n) ____________________ is used when two or more individuals create a business.

18. Behaving with sensitivity to social, environmental, and economic issues.

4. The element of a contract in which something of value must be promised in return is called ____________________.

1. The negotiation of employment terms between employers and union workers is called ____________________.

9. A document that dictates how business should be conducted is called a ____________________.

24. When one or more parties don't follow the agreed terms of a contract without having a legitimate reason a ____ occur

5. ____________________ is the honesty of a person’s actions.

30. A ____ is a legally binding agreement between two or more people or businesses.

27. ____ means that a person is legally able to enter into a binding agreement.

28. Something of value promised in a contract is called ____.

20. Describes the terms of employment between a business and an employee.

6. A(n) ____ is a contract to rent something.

22. Principles that help define appropriate behavior in a business setting are ____.

7. The ability of a person to legally enter into a binding agreement is called ____________________.

16. Regulates how contracts are written, executed, and enforced.

13. Rules of behavior based on ideas about what is right and wrong.

19. Any work created by company employees on the job that is owned by that company.

15. Order to remove or repair unsafe products in the market.

14. All parties involved must agree to the terms of a contract.

26. Promoting the welfare of others is called

17. Confidential information a company needs to keep private and protect from theft.

11 Promoting the welfare of others.

10. Each person who participates in a contract agreement is called a ____________________.

12. Proposal to provide a good or service.

21. A ____ is a document that dictates how business should be conducted.

6. A contract that lists the products or services provided by a business and the price the customer paid in exchange is