A | B |
The federal agency that monitors product safety for items such as cosmetics, food items, and suntan lotions is the | Food and Drug Administration |
The act that says that all employers must pay men and women the same wage for the same work is the | Equal Pay Act |
A percentage of the price of an item that goes to a state or local government is a | sales tax |
A warranty that assures the buyer that the product purchased is of at least average quality and fit for the purpose for which it was intended is a(n) | warranty of merchantability |
The law that established a minimum wage and maximum working hours is the | Fair Labor Standards Act |
Which of the following terms means that you are legally able to enter into a binding agreement? | capacity |
The act that requires those who give credit to reveal all the terms and conditions of their credit agreements is the | Consumer Credit Protection Act |
A binding legal agreement or promise to do something is a | contract |
One of the payroll taxes employers must deduct from employee earnings is the ____________________. | FICA |
A(n) ____________________ is a word, symbol, design, or combination of these that a business uses to identify itself or something it sells. | trademark |
The _________________________ prohibits businesses from selling the same product to different people at different prices. | Robinson-Patman Act |
The _________________________ requires that manufacturers truthfully label all raw materials used in the production of products. | Fair Packaging and Labeling Act |
____________________ was formed to ensure that employees have safe and healthy working conditions. | OSHA |
Before an entrepreneur can open the doors of a business, he or she must get a(n) ____________________ from the local government. | business permit |
Employees can file a(n) ____________________ lawsuit against their employers. | wrongful termination |
An intellectual work in the ____________________ can be used by anyone free of charge. | public domain |
a grant to an inventor that gives him or her the exclusive right to produce and sell an invention | patent |
intellectual property whose protection has expired | public domain |
advertising that uses a bargain-priced item to lure potential customers into a store | bait-and-switch advertising |
a contract to use a facility or equipment for a specified period of time | lease |
act designed to provide help to workers who are temporarily unemployed | FUTA |
an invention between the time a patent application has been filed and when it is issued or rejected | patent pending |
charged with protecting the rights of employees | EEOC |
person who is leasing a building or equipment | lessee |