part 2 Flashcards

1
Q

the body of law dealing with the fair exchange and regulation of financial assets

A

What is securities law?

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2
Q

the body of law encompassing all legal areas of the employer/employee relationship

A

What is employment law?

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3
Q

The three benefits of being a corporation that defines businesses as their own legal entities

A

-Owners are protected from legal action.
-The business has the ability to perpetually exist.
-Corporations are subject to their own laws.

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4
Q

the body of law seeking to define and protect the legal work of artists, inventors, developers, and designers

A

What is intellectual property law?

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5
Q

the body of law dealing with written agreements within the exchange of goods, services, and money

A

What is contract law?

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6
Q

the body of law dealing with regulating, maintaining, and enforcing laws associated with taxation

A

What is tax law?

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7
Q

The primary way the government serves to protect the rights of a company is the protection of _____.
Correct

A

private property

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8
Q

These workers earn a salary.
-An example of this job type would be a teacher.

A

white collar jobs

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9
Q

These workers earn income hourly, or wages.
- An example of this job type would be someone who moves pallets of furniture in

A

blue collar jobs

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