APU BUSN 311 WEEK 2 QUIZ 2014

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Part 1 of 1 – 100.0 Points

Question 1 of 10 10.0 Points

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 10.0 Points

Political risk is not affected by a weak or volatile rule of law

A.True

B.False

Question 3 of 10 10.0 Points

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 10.0 Points

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 10.0 Points

A counter offer is a rejection of the offer.

A.True

B.False

Question 6 of 10 10.0 Points

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 10.0 Points

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 10.0 Points

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 10.0 Points

Trade secret disclosure suits can be filed with the USPTO.

A.True

B.False

Question 10 of 10 10.0 Points

Business policies are usually inconvenient restrictions and a business hindrance.

A.True

B.False

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