Skip to main content
-
Full and truthful disclosure ________.
-
Is often required under tort law
-
Is a matter of ethics, not a legal requirement
-
Is a risky business practice because it helps the competition
-
Is a strictly personal choice
-
Common IP law-mandated periods of protection are ________.
-
Copyrights are protected for twenty years
-
Patents are protected for fifty years
-
Trademarks are protected for renewable ten-year periods
-
Trade secrets are protected for fifteen years
-
Acting ethically includes acting with which of the following?
-
Integrity
-
Disclosure
-
Transparency
-
All of these options are correct.
-
Antitrust law:
-
May help small entrepreneurs by ensuring big companies do not have monopolies
-
May hurt small entrepreneurs by requiring them to disclose trade secrets
-
Only applies to businesses with over 500 employees
-
None of these options are correct.
-
Patents ________.
-
Are similar to trade secrets under IP law
-
Allow a temporary monopoly for an invention
-
Are protected under IP law for a period of ninety-nine years
-
None of these options are correct.
-
An example of a company(s) that have been fined millions of dollars for legal/ethical violations includes ________.
-
Enron
-
TOMS
-
British Petroleum
-
a and c
-
The B-corporation moniker ________.
-
Requires government certification
-
Requires no certification
-
Can only be used after an audit and certification by the B-corp organization
-
Is a social media concept used primarily for marketing purposes
-
What differentiates a social entrepreneurial enterprise from a traditional entrepreneur?
-
Commitment to reduce pollution
-
Pledge to undertake sustainable supply chain sourcing
-
Effort to recycle water, waste, and other byproducts
-
All of these options are correct.
-
Core qualities for building a foundation of ethics-based behaviors include ________.
-
Trust
-
Fairness
-
Excellence
-
All of these options are correct.
-
Millennial workers ________.
-
Often do not place salary as their first priority
-
Want work-life balance
-
Usually expect their employer to have an ethical value system
-
All of these options are correct.
-
A diverse workforce ________.
-
Is always optional
-
Is usually required for government contracting
-
Is always required under Title VII
-
Is never required