Quiz 1: Chapter 2
A nation that has _____ would be unappealing as a place for doing business.
a totalitarian political system
When firms do not wish to accept the rules of the CISG, what do they often opt for to settle contract disputes?
arbitration
On the Belif peninsula, citizens are restricted in how much land they can own if it creates opposition to the rule of the "common good." What is the political system of the Belif peninsula based on?
collectivism
What is a form of totalitarianism that advocates that socialism can be achieved only through a totalitarian dictatorship?
communist totalitarianism
The United Nations created CISG in response to _____ that occur in international trade.
contract disputes
A composer can protect an original musical score from being copied and sold by someone else by acquiring a(n)
copyright
All of the books in a library have a _____, which shows the exclusive legal rights of the author of the book.
copyright
Brett Robertson is a playwright and in order to protect his intellectual property should secure a _____ on all of his plays.
copyright
A textbook author would apply for a patent to obtain the exclusive legal rights associated with their written piece.
false
The social democrats believed that socialism could be achieved only through violent revolution and totalitarian dictatorship.
false
When considering the violation of property rights, blackmail is a form of public action.
false
Karl Marx believed that the way to correct the economic inequalities in a capitalist society was to
have state ownership as the basic means of production
When the American colonists fought for independence from Great Britain, the concept of _____ influenced the decision.
individualism
The Greek philosopher Aristotle argued for diversity and private ownership. This laid the groundwork for
individualism.
The government of Alfon believes that its citizens should have complete freedom in their economic and political pursuits, and the Alfon ideology is "private profit over public good." In this context, it can be said that Alfon follows the philosophy of
individualism.
The _____ system of a country encompasses the rules that regulate behavior.
legal
Totalitarian states usually have
media that are heavily censored.
In 2008, the U.S. government stepped in to help some failing financial institutions as a way to prevent further collapse of the economy. Typically, the U.S. government does not interfere in these situations. What type of economy does this exemplify?
mixed
If a country wants to improve its attractiveness as a place for doing business and as an investment site, it should
move toward a market-based system.
Which of these items can be protected by a copyright?
movies produced and directed by a person
Cord Paper Corporation has developed a new type of decorative paper. Which type of legal protections can grant the company exclusive rights for a defined period to the manufacture, use, or sale of the new paper?
patent
Grease payments or speed money are allowable under U.S. law as a way to expedite the
performance of a routine government action
After the collapse of communism in Russia, successful business owners often had to pay "protection money" to the mafia or face violent retribution. In the context of property rights, the behavior of the mafia is an example of
private action.
Kendra has red patches on her face after using a protein-based lotion manufactured by Today's Skin Research Lab. She learned that the lotion's steroid levels were beyond the standard levels permitted by the government and the damage caused by the lotion was irreversible. Which standards will address Kendra's grievances?
product liability laws
Theocratic law systems are based on
religious teachings.
The fascist regimes that ruled Germany and Italy in the 1930s and 1940s had adopted
right-wing totalitarianism.
Those who attempt to achieve the same ideologies as that of the communists without violent revolution and totalitarian dictatorship are called
social democrats.
Collectivist-inclined totalitarian states tend to enact laws that severely restrict private enterprises, while laws enacted by governments in democratic states, where individualism is the dominant political philosophy, tend to be pro-private enterprise and pro-consumer. This indicates that the
the legal framework of a country reflects the rulers' dominant political ideology.
The Wilson logo can only be used on sports equipment produced by the Wilson Sporting Goods company. What protects the Wilson logo from being used by another manufacturer?
trademark
Islamic law is primarily a moral rather than a commercial law and is intended to govern all aspects of life.
true
One identifier of a democratic state is a free media.
true
Plato did not equate collectivism with equality.
true
