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Legal Regulation of Entrepreneurial Activity.d

Legal Regulation of Entrepreneurial Activity.d

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80 вопросов Вариант 1 Доступ 7 дней
Содержание теста

Вопросы и варианты

Без отметок и подсказок к правильным ответам

Вопрос 1

Which of these is not a form of business?

  1. Intrapreneur
  2. Sole Proprietorships
  3. Partnerships
  4. Corporations
Вопрос 2

A business involving two or more person is simply known as

  1. Partnerships
  2. Entrepreneurship
  3. Sole Proprietorships
  4. Corporations
Вопрос 3

Another phrase for one man business is

  1. Sole Proprietorships
  2. Partnerships
  3. Retailer
  4. Corporations
Вопрос 4

Sole Proprietorships & Partnerships can grow to become a …

  1. Corporations
  2. Sole Proprietorships
  3. Partnerships
  4. Import Export
Вопрос 5

The simplest form of business is called a

  1. Sole Proprietorship
  2. Import Export
  3. Intrapreneur
  4. Corporations
Вопрос 6

… is an entrepreneur

  1. Sole Proprietorship
  2. Partnerships
  3. Intrapreneur
  4. Retailer
Вопрос 7

Fringe benefit is a merit associated with

  1. Sole Proprietorship
  2. Partnerships
  3. Intrapreneur
  4. Corporations
Вопрос 8

Corporate Tax is associated with

  1. Corporations
  2. Sole Proprietorships
  3. Partnerships
  4. Intrapreneur
Вопрос 9

Limited Personal Liability is associated with

  1. Corporations
  2. Sole Proprietorships
  3. Partnerships
  4. Intrapreneur
Вопрос 10

LLC is an acronym for

  1. Limited Liability Company
  2. Little Liability Company
  3. Limited Liability Co-operation
  4. Liability Limited Company
Вопрос 11

The structure of a corporation requires

  1. Share holders
  2. Entrepreneurs
  3. Intrapreneurs
  4. Entrepreneurs
Вопрос 12

The shareholders own the … of the corporation

  1. Stock
  2. Property
  3. Money
  4. Land
Вопрос 13

In a corporation, employees work for the corporation in return for …

  1. Compensation
  2. Stock
  3. Property
  4. Promotion
Вопрос 14

Funding for corporation can either be

  1. Debt or equity
  2. Limited Liability Company
  3. Little Liability Company
  4. Stock
Вопрос 15

… funding requires payment of principle and interest

  1. Debt
  2. Equity
  3. Liability
  4. Cash
Вопрос 16

… funding requires sharing of business ownership

  1. Equity
  2. Liability
  3. Money
  4. Credit
Вопрос 17

Choosing a business name is a requirement for all business types according to every regulation except

  1. Intrapreneur
  2. Corporations
  3. Sole Proprietorships
  4. Partnerships
Вопрос 18

By legal regulation which of this needs regular meeting of directors

  1. Corporations
  2. Investments
  3. Sole Proprietorships
  4. Partnerships
Вопрос 19

By law and regulation, which of this business structure requires a lawyer due to its complicatedness?

  1. Corporations
  2. Investments
  3. Intrapreneur
  4. Partnerships
Вопрос 20

Choosing a business name and determining the business structure should be a legal responsibility of the

  1. Business owner
  2. Banker
  3. Regulator
  4. Government
Вопрос 21

… is often the best choice if you want to limit your personal liability

  1. LLC
  2. Sole Proprietorship
  3. Entrepreneur
  4. CCL
Вопрос 22

To supplement capital contributions, … often borrow funds from time to time from their members or a member’s family or friends.

  1. LLCs
  2. CLL
  3. LCLs
  4. CCL
Вопрос 23

… come into an LLC in two forms: equity and debt

  1. Assets
  2. Liability
  3. Cash
  4. Credit
Вопрос 24

LLC management can choose to pay active members …

  1. A regular salary or a share of LLC profits
  2. Landed Property
  3. Real Estate
  4. Cars
Вопрос 25

Your LLC name will have to comply with …

  1. State legal requirements
  2. Articles of organization
  3. Partners agreement
  4. Memorandum of Association
Вопрос 26

For corporation, regulations demand that … check is only preliminary approval

  1. Name availability
  2. Partners agreement
  3. Business license
  4. Memo of organizational structure
Вопрос 27

Documentation required for business set up are all except

  1. Personal Journal
  2. Partners agreement
  3. Memorandum of Association
  4. Article of Association
Вопрос 28

Article of association can also be referred to as

  1. Articles of organization
  2. Partners agreement
  3. Memorandum of Association
  4. Business license
Вопрос 29

MOA is acronym for

  1. Memorandum of Association
  2. Memo of organizational structure
  3. Partners agreement
  4. Business license
Вопрос 30

According to this study, there … basic Steps to incorporate

  1. Twelve
  2. Twenty
  3. Two
  4. Five
Вопрос 31

… is a word, phrase, design, or symbol that identifies a product brand

  1. Trademark
  2. Service mark
  3. Copyright
  4. Patent mark
Вопрос 32

… is a word, phrase, design, or symbol that identifies the provider of a service

  1. Service mark
  2. Trademark
  3. Copyright
  4. Patent mark
Вопрос 33

… is the name of a corporation as registered with one or more states

  1. Corporate Name
  2. Assumed name or Fictitious name
  3. Original name
  4. AKA name
Вопрос 34

… is the business name different from the owner’s name

  1. Assumed name or Fictitious name
  2. Original name
  3. AKA name
  4. Government name
Вопрос 35

In modern times, doing business on the web is known as

  1. e-business
  2. a-business
  3. i-business
  4. n-business
Вопрос 36

Your LLC will have to include certain words or abbreviations that let people know its legal status. Which of these is not an alternative?

  1. LTCO
  2. Limited Liability Company
  3. Limited Company
  4. Ltd. Liability Co.
Вопрос 37

Trademarks that consist of creative, unusual, or otherwise memorable terms are called …

  1. Strong trademark
  2. Strong copyright
  3. Weak Copyright
  4. Patent
Вопрос 38

Trademarks that consist of ordinary descriptive terms are called

  1. Weak trademark
  2. Strong copyright
  3. Weak Copyright
  4. Patent
Вопрос 39

Regulation permits the follow to determine business name except

  1. Going to Court
  2. Search the Internet
  3. Check state and county records where business names are filed
  4. Check the federal trademark register
Вопрос 40

Which of these is a way to Use and Protect Your Trademark?

  1. Take prompt legal action if other businesses use your trademark without permission
  2. Take prompt legal action if other businesses does not use your trademark without permission
  3. Take prompt No legal action if other businesses use your trademark without permission
  4. Take prompt No legal action at all
Вопрос 41

Regional Requirements for business include all except

  1. Crowd Control
  2. Environmental Regulations
  3. Water Usage
  4. Fire regulation
Вопрос 42

Local Requirements for business include all except

  1. Environmental Regulations
  2. Local Property Taxes
  3. Health and Environmental Permits
  4. Crowd Control
Вопрос 43

Which of these is not how to Deal with Local Building and Zoning Officials?

  1. Crowd Control
  2. Seek Support from the Business Community
  3. Appealing an Adverse Ruling
  4. Going to Court
Вопрос 44

Federal Licenses and Permits could include all, except

  1. Health and Environmental Permits
  2. Securities and Exchange Commission
  3. Federal Motor Carrier Safety Administration
  4. Food and Drug Administration
Вопрос 45

When there is business conflict, it is important for partner to seek

  1. Court redress
  2. Health and Environmental Permits
  3. Food and Drug Administration
  4. Securities and Exchange Commission
Вопрос 46

… is the government approval to resume and run your business

  1. Business License
  2. Business Permits
  3. Approval
  4. Name selection Certificate
Вопрос 47

… is the government insurance that you follow quality

  1. Business Permits
  2. Business License
  3. Approval
  4. Name selection Certificate
Вопрос 48

According to regulations, a business-like fast-food restaurant requires …

  1. Government license and permits
  2. Government license only
  3. Government Permits only
  4. Private License
Вопрос 49

According to regulations, a business factory manufacturing plant requires …

  1. Government license and permits
  2. Any License
  3. Government license only
  4. Government Permits only
Вопрос 50

Every business with a state has a unique variable except the government who issued it. The variables are all, except

  1. Different government
  2. Number
  3. Business name
  4. Business Owner Details
Вопрос 51

A contract is an agreement with

  1. Two or more person
  2. One person
  3. Government alone
  4. Customer alone
Вопрос 52

Which of these is not an element of contract?

  1. Title
  2. Party to the contract
  3. Offer and acceptance
  4. Counteroffer
Вопрос 53

Contract offer is accepted

  1. By affixing signature
  2. By making a photocopy only
  3. Offer and acceptance
  4. Counteroffer
Вопрос 54

In contract regulations, A … is a ground for rescission of a contract

  1. Mistake
  2. Commitment
  3. Duration
  4. Hobby
Вопрос 55

A contract that is unfair to all parties involved is a

  1. Bad contract
  2. Fair contract
  3. International Contract
  4. Local Contract
Вопрос 56

A contract can be canceled due to the following reasons except

  1. Commitment
  2. Misrepresentation
  3. Duress
  4. Mistake
Вопрос 57

Who can rescind a contract if the terms are unconscionable?

  1. A court
  2. Military
  3. Police
  4. Government
Вопрос 58

In regulation of contract, B2C relationship means

  1. Relationship between Business to Customer
  2. Relationship between Business to Business
  3. Relationship between Business to Branding
  4. Relationship between Government to Business
Вопрос 59

In regulation of contract, B2B relationship means

  1. Relationship between Business to Business
  2. Relationship between Business to Customer
  3. Relationship between Business to Branding
  4. Relationship between Government to Customer
Вопрос 60

A contract expresses

  1. The expectation and commitment of parties
  2. The right and wrong of parties
  3. The appearance of parties
  4. The profitability of parties
Вопрос 61

Which country in the world has more franchise operation

  1. US
  2. UK
  3. UAE
  4. Russia
Вопрос 62

Franchise is the permission to use a

  1. Business name
  2. Business finance
  3. Business Location
  4. Business Team
Вопрос 63

The person buying the franchise is the

  1. Franchisee
  2. Franchiser
  3. Franchisoree
  4. Franchisory
Вопрос 64

The party selling the franchise right is the

  1. Franchisor
  2. Franchisee
  3. Franchiser
  4. Entrepreneur
Вопрос 65

Franchise agreement cannot happen a

  1. Contract
  2. Invoice
  3. Receipt
  4. Memo
Вопрос 66

FTC is the acronym for

  1. Federal Trade Commission
  2. Federal Tracking Commission
  3. Federal Trade Committee
  4. Fair Trade Commission
Вопрос 67

FTC is task with the responsibility of managing relationship between

  1. Franchisee and Franchisor
  2. B2C
  3. B2B
  4. B2G
Вопрос 68

A franchisor can take any business form. But it is common amongst

  1. Entrepreneurs
  2. Investor
  3. Partnership
  4. Corporation
Вопрос 69

A key step before diving into the franchise contract business is to

  1. Conduct research
  2. Make payment
  3. Open shop
  4. Plan
Вопрос 70

All are form of research before entering a franchise contract except

  1. Staff Uniform
  2. Legal research
  3. Customer research
  4. Market research
Вопрос 71

… is mostly associated with real estate side of business

  1. Lease agreement
  2. Voucher agreement
  3. Sales agreement
  4. Customer agreement
Вопрос 72

… is a contract between you and the landlord.

  1. A lease
  2. A contract
  3. An invoice
  4. A voucher
Вопрос 73

… refers to Month-to-Month Rentals

  1. Short-Term Leases
  2. Long-Term Leases
  3. Mid-Term Leases
  4. Quater-Term Leases
Вопрос 74

… refers to yearly rentals

  1. Long-Term Leases
  2. Short-Term Leases
  3. Mid-Term Leases
  4. Future-Term Leases
Вопрос 75

A lease contract must be in …

  1. Written format
  2. Virtual format
  3. Discussion format
  4. WhatsApp format
Вопрос 76

The Right to Withhold Rent clause is usually associated with

  1. Commercial rent
  2. Residential rent
  3. Public rent
  4. Personal rent
Вопрос 77

Option to Purchase the Building clause is usually associated with

  1. Commercial rent
  2. Residential rent
  3. Public rent
  4. Personal rent
Вопрос 78

Percentage Rent is usually associated with

  1. Leases for space in a shopping center
  2. Leases for space in an apartment
  3. Leases for space in a market
  4. Leases for space by the roadside
Вопрос 79

Anchor Tenants is usually associated with

  1. Leases for space in a shopping center
  2. Field program
  3. Leases for space by the skyrise building
  4. Leases for space in a kioskDuty
Вопрос 80

Duty to Remain Open is usually associated with

  1. Leases for space in a shopping centre
  2. Government building
  3. Offshore projects
  4. Oil and Gas sector