Chapter 4 Flashcards

0
Q

interstate commerce

A

business dealings involving companies in more than one state

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1
Q

code of ethics

A

set of rules for guiding the actions of employees or members of an organization

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2
Q

intrastate commerce

A

companies doing business in only one state

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3
Q

patent

A

gives the inventor the right to make use or sell the item for 20 years

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4
Q

copyright

A

protects the creative work of authors composers or artists

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5
Q

trademark

A

word letter or symbol linked with a specific company or product

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6
Q

antitrust laws

A

prevent other unfair business practices such as false advertising, deceptive pricing and misleading labeling

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7
Q

monopoly

A

a business has control of the market for a product or service

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