Business and Regulations

Question 1

The World Trade Organization is the United Nations agency that regulates international trade

Accepted Answer

False

Question 2

The three major ares in which governments regulate commerce:

Accepted Answer

Securities, Antitrust, Corporate Takeovers

Question 3

This act requires all CEOs and CFOs to certify periodic company reports filed with the SEC

Accepted Answer

Sarbanes-Oxley Act

Question 4

Anti-monopoly statutes are known as ___________ law

Accepted Answer

Antitrust

Question 5

One way the SEC ensures that investors know what they are buying when purchasing stock is by

Accepted Answer

requiring a prospectus be sent to the SEC

Question 6

The federal agency responsible for protecting the environment is the _______________

Accepted Answer

Environmental Protection Agency

Question 7

Some states, such as California, has passed higher emission standards than the government

Accepted Answer

True

Question 8

The EPA prefers that businesses voluntarily comply with its standards.

Accepted Answer

True

Question 9

Cars were identified as a major source of air pollution in the ______

Accepted Answer

Clean Air Act of 1963

Question 10

Which act controls takeover bids?

Accepted Answer

The Williams Act

Question 11

Federal Energy Regulatory Commission controls the wholsale price of natural gas & electricity

Accepted Answer

True

Question 12

This act provides funds for research into the problems of air pollutions

Accepted Answer

Clean Air Act

Question 13

The law making monopolies illegal is called the _______________

Accepted Answer

Sherman Antitrust Act

Question 14

Companies must treat all purchasers equally according to the________________

Accepted Answer

Robinson-Patman Act

Question 15

A security is a monetary investment that is nonprofit.

Accepted Answer

False

Question 16

Authorizes the EPA to police the production, use, & importation of industrial chemicals.

Accepted Answer

Toxic Substance Control Act

Question 17

Activities that relate to the buying and selling of goods and services is known as _____

Accepted Answer

Commerce

Question 18

The federal government's power to regulate business is gradually becoming less & less powerful

Accepted Answer

False

Question 19

A detailed view of the stock offering for potential investors is called a ______

Accepted Answer

Prospectus

Question 20

The _______ Act was passed by Congress to guard against water pollution in the U.S.

Accepted Answer

Clean Water

Question 21

The government's power to regulate business come from the _______ of the U.S. Constitutuion

Accepted Answer

Commerce Clause

Question 22

The SEC is an independent federal agency that consists of five commissioners

Accepted Answer

True

Question 23

The EPA discourages state & local governments from enforcing environmental rules

Accepted Answer

False

Question 24

Which of the following organizations does NOT regulate business between countries?

Accepted Answer

The Federal Trade Commission

Question 25

The Department of Energy develops & implements national policy on energy & is responsible for:

Accepted Answer

the nation's nuclear energy program

Question 26

The Securities Act of 1933 was instituted to prevent another stock market crash

Accepted Answer

True

Question 27

The DOE was created after the oil shortage of the 1960s

Accepted Answer

False

Question 28

A monopoly CAN exist if it causes NO unreasonable restraint of trade.

Accepted Answer

True

Question 29

The roots of DOE can be traced back to World War I and The New York project

Accepted Answer

False

Question 30

The rise of industrialism in the 19th century led to an increase in air & water pollution.

Accepted Answer

True

Business and Regulations

Questions 30

Business and Regulations

Questions 30