APU BUSN311 WEEK 2 QUIZ (100% Answer)

Question
Question
1 of 10
International
law includes all of the following except:
A. The
law of sovereign foreign countries
B. Foreign
custom and religious law
C. Private
contracts between parties in different states in the United States
D. International
treaties and conventions
Question
2 of 10
Political
risk is not affected by a weak or volatile rule of law
A. True
B. False
Question
3 of 10
Which
of the following is not a required element for a valid contract in the United
States
A. offer
B. acceptance
C. price
D. consideration
Question
4 of 10
The
Statute of Frauds:
A. requires
parties to attest that they are honest
B. mandates
that parties must have legal capacity to enter a contract
C. turns
a contract into a criminal case if fraud is present
D. 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.
A. True
B. False
Question
6 of 10
All
of the following are defects that would trigger strict liability except:
A. customer
using the product incorrectly
B. design
defect
C. manufacturing
defect
D. warning
defect
Question
7 of 10
Which
of the following is a legitimate subject matter for a patent?
A. a
mathematical formula
B. a
business process
C. products
of nature
D. printed
material
Question
8 of 10
Which
of the following is not a factor in determining whether a trademark is
inherently distinctive:
A. usefulness
B. fanciful
C. arbitrary
D. suggestive
Question
9 of 10
Trade
secret disclosure suits can be filed with the USPTO.
A. True
B. False
Question
10 of 10
Business
policies are usually inconvenient restrictions and a business hindrance.
A. True
B. False

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