Chapter 4: Social Responsibility of Business and Government

An example of a non-renewable resource would be:

• solar energy

• Gold

• agricultural products

• a library book

The Americans with Disabilities Act (ADA) requires that a company:

• provide training to people with disabilities

• find ways to help workers who are physically challenged

• hire a certain number of people with special needs

• adapt products manufactured for special-needs customers

A code of ethics is designed to:

• meet government regulations

• reduce operating costs of a company

• provide guidelines for proper behavior

• improve employee productivity

International trade with other countries is the responsibility of state and local governments.

• True

• False

An oral contract can be legally binding.

• True

• False

Fire and police protection is the main responsibility of:

• local government

• state government

• federal government

• all levels of government

A _?_ would protect the composer’s musical score.

• patent

• trademark

• Copyright

• Contract

Antitrust laws are designed to:

• reduce utility rates

• lower taxes

• create more jobs

• maintain competition

A(n) _?_ tax is a common source of revenue for state and local governments.

• sales

• import

• gift

• unemployment

A monopoly is never a benefit to consumers.

• True

• False