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

1

What does business registration involve?

 

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A

Protecting inventions

 

B

Obtaining trademark rights

 

C

Establishing a legal entity

 

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2

Which government-granted rights protect inventors and their inventions?

 

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A

Trademarks

B

Intellectual property

 

C

Patent rights

 

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3

What do trademarks help businesses establish?

 

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A

Legal entities

 

B

Brand recognition

 

C

Exclusive rights to reproduce works

 

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4

Which government regulations protect original creative works?

 

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A

Patent rights

 

B

Trademarks 

C

Copyrights

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5

What do intellectual property laws aim to achieve?

 

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A

Encourage competition

 

B

Foster innovation and creativity

 

C

Establish legal entities

 

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6

What is the purpose of business registration?

 

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7

Name one government-granted right that protects inventors

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