SEM II 1.03 Quiz

When professional athletes’ unions negotiate salaries, playing conditions, and contract terms as a single unit, they are engaging in which activity?

• Collective Bargaining

• Labor Resistance

• Competitive Advantage

• Free Agency

When negotiated agreements between the players’ union and the owners’ organization are unreachable, the players might vote to determine if they should do which activity?

• Play for international leagues

• Ask for fan support

• Become free agents

• Go on strike

Salaries, contracts, and profit sharing are often the issues that create conflicts between sports’ leagues and which other party?

• Team owners

• Sponsoring organizations

• Associations of players

• Individual managers

A right purchased by a sponsor to be the sole provider of a particular type of good or service for a sport and/or event.

• Collective Bargaining

• Exclusivity

• Players' Associations

• Free Agency

Unions are a part of many types of industries. Professional athletes can join unions that will assist in creating working and playing conditions with sports organization representatives. What is these unions referred to as?

• Free Agency

• Collective Bargaining

• Players' Associations

• Exclusivity

Athlete's or celebrity's can give permission to use their identity:

• The Sherman Antitrust Act.

• on a company's advertisements.

• The Lanham Act.

• The Sports Broadcasting Act of 1961.

How can the concept of trademark infringement be defined.

• A right purchased by a sponsor to be the sole provider of a particular type of good or service for a sport and/or event.

• The labor unions that represent the athletes in professional sports.

• Negotiating process in which union leaders and sport organization representatives (owners) engage to determine the terms and working conditions to be provided to athletes.

• An unfair, anti-competitive trade practice in sports or event marketing.

Bank of America has a contract with the Carolina Panthers to be the only organization to have its name on their stadium. What is the concept referred as?

• Exclusivity

• Collective Bargaining

• Free Agency

• Players' Associations

Why is it best to utilize "Official Ticket Outlets" to purchase admission to sport games or events.

• To avoid trademark infringement.

• To avoid collective bargaining.

• To avoid buying counterfeit ticket to games or events.

• To avoid contracts disputes with players' associations.

What law creating a monopoly where business have an unfair advantage over smaller businesses in the same industry?

• The Sports Broadcasting Act of 1961

• The Sherman Antitrust Act

• The Lanham Act

• The National Labor Relations Act