Courses » SS2 » SS2 Commerce » Commerce Exam Topics » Government regulations of business - Questions and Answers

Government regulations of business - SS2 Commerce Past Questions and Answers - page 1

1

What does business registration involve?

 

A

Protecting inventions

 

B

Obtaining trademark rights

 

C

Establishing a legal entity

 

correct option: c

Establishing a legal entity

 

Users' Answers & Comments
2

Which government-granted rights protect inventors and their inventions?

 

A

Trademarks

B

Intellectual property

 

C

Patent rights

 

correct option: c

Patent rights

 

Users' Answers & Comments
3

What do trademarks help businesses establish?

 

A

Legal entities

 

B

Brand recognition

 

C

Exclusive rights to reproduce works

 

correct option: b

Brand recognition

 

Users' Answers & Comments
4

Which government regulations protect original creative works?

 

A

Patent rights

 

B

Trademarks 

C

Copyrights

correct option: c

Copyrights

Users' Answers & Comments
5

What do intellectual property laws aim to achieve?

 

A

Encourage competition

 

B

Foster innovation and creativity

 

C

Establish legal entities

 

correct option: b

Foster innovation and creativity

 

Users' Answers & Comments
6

What is the purpose of business registration?

 

To establish a legal entity.

 

Users' Answers & Comments
7

Name one government-granted right that protects inventors

Patent rights.

 

Users' Answers & Comments
Recommended: SS2 Commerce Lessons
Please share this, thanks: