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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

 

2

Which government-granted rights protect inventors and their inventions?

 

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A
Trademarks
B

Intellectual property

 

C

Patent rights

 

3

What do trademarks help businesses establish?

 

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A

Legal entities

 

B

Brand recognition

 

C

Exclusive rights to reproduce works

 

4

Which government regulations protect original creative works?

 

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A

Patent rights

 

B
Trademarks
C
Copyrights
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

 

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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