Study Guide and Quiz Answers

Which type of tort happens when you unfairly damage another company's reputation?A.FraudB.ConflictC.InterferenceD.Defamation

A ________ is a civil wrong caused by negligence or intentional harm.A.Conflict of interestB.BreachC.UnionD.Tort

Which of the following agencies protects human health and the natural environment?A.The FTCB.The EEOCC.The CPSCD.The EPA

If your company buys supplies from a company in a different state and sells your products to people within your city, what type of trade are you participating in?A.ImportingB.ExportingC.Global tradeD.Domestic trade

Which of the following is regulated by the FLSA?A.Affirmative actionB.Health and safety proceduresC.Labeling of food productsD.Minimum wage

What type of relationship do a lawyer and a client have?A.A labor relationshipB.A tort relationshipC.An administrative relationshipD.An agency relationship

Which of the following is an example of a conflict of interest?A.A manufacturing company hires many employees.B.A worker has two jobs at unrelated companies.C.A lawyer represents the plaintiff and the defendant.D.A competitor interferes with another company's contract.

Which of the following is a reason a country might put a tariff on imports?A.To form an agency relationshipB.To increase its exportsC.To protect domestic companiesD.To create free trade

The U.S. encourages domestic companies to export because _____________.A.It increases inflation.B.It increases the number of U.S. consumers who buy domestic products.C.It increases the value of a U.S. dollar.D.It improves the interest rate.

Which of the following is true of unethical behavior?A.It may cause people to lose trust in you.B.It may be prevented by creating conflicts of interest.C.It is always illegal.D.It is regulated by administrative law.