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WGU C211 PRE- OA


WGU C211 PRE-OA Exam 2 Questions and
Answers 100% Guarantee Pass.
A fundamental aspect of _____ is that it effectively conducts global business by providing an
individual the right to freedom of expression and organization.

a. communist totalitarianism

b. democracy

c. right-wing totalitarianism

d. theocracy - ✔✔✔ - b.)



Which of the following is true of the common law system?

a. It has spread to all English-speaking countries and their (former) colonies.

b. It does not allow interpretations of the law by judges.

c. It is the oldest legal system in the world.

d. It bases its legal judgment primarily on the dominant religion of the country. - ✔✔✔ - a.)



_____ refers to a legal system based on religious teachings.

a. Common law

b. Civil law

c. Right-wing totalitarian law

d. Theocratic law - ✔✔✔ - d.)



The TRIPS system was designed to _____.

a. create IP rights that adhered to the norms of individual countries

b. force firms to enforce IP rights through an informal system


WGU C211 PRE-OA Page 1

, WGU C211 PRE- OA


c. make sure that firms follow theocratic laws

d. force firms to innovate while strictly adhering to IPR guidelines - ✔✔✔ - d.)



Which of the following economies would be characterized as having a laissez faire policy?

a. Command economy

b. Pure market economy

c. Socialist economy

d. Mixed economy - ✔✔✔ - b.)



Which of the following is true of a pure market economy?

a. All factors of production are privately owned.

b. Its policies are based on religious decree.

c. All factors of production are owned by the government.

d. It has elements of both a market economy and a command economy. - ✔✔✔ - a.)



Which of the following is true of a command economy?

a. It strictly follows the doctrine of laissez faire.

b. The government only performs those functions that the private sector cannot perform.

c. It does not allow private entrepreneurship.

d. All factors of production are privately owned. - ✔✔✔ - c.)



For which of the following types of economies would the factors of production depend on the
relative distribution of market forces versus command forces?

a. Pure market economy



WGU C211 PRE-OA Page 2

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