ELE 3010 QUIZ 2 VIEW AHEAD REVIEW 2026
COMPREHENSIVE QUESTIONS AND
SOLUTIONS
◉ the ______ created the commission that prescribes safety standards
for products.
Answer: Consumer Product Safety Act
◉ McDonald's acquiring its store franchises is an example of what
type of merger?
Answer: Vertical Merger
◉ Once accepted, the trademark is published in the Trademark
Official Gazette for ____ days to allow any party to oppose or request
an extension to oppose the use of the mark.
Answer: 30
◉ Which of the following creative methods involves having
participants write down their ideas several times a day?
Answer: Collective notebook method
◉ All of the following are questions an opportunity assessment plan
might answer except:
, Answer: How much capital do I need?
◉ The files of the U.S Patent Office are kept confidential and
entrepreneurs cannot study their components
Answer: False
◉ Under the Sarbanes- Oxley Act, CEO's are not required to vouch
for the firms financial statements because they don't get involved
with the day to day operations of the firm.
Answer: False
◉ Which of the following is true regarding the Sabarnes-Oxley act?
Answer: It only applies to companies that make over $10 million in
gross revenue
◉ Authors or publishers of software are protected under:
Answer: Copyrights
◉ Copyrights are registered with:
Answer: Library of Congress
◉ Motivations for going global, discussed in the text, include all of
the following except:
COMPREHENSIVE QUESTIONS AND
SOLUTIONS
◉ the ______ created the commission that prescribes safety standards
for products.
Answer: Consumer Product Safety Act
◉ McDonald's acquiring its store franchises is an example of what
type of merger?
Answer: Vertical Merger
◉ Once accepted, the trademark is published in the Trademark
Official Gazette for ____ days to allow any party to oppose or request
an extension to oppose the use of the mark.
Answer: 30
◉ Which of the following creative methods involves having
participants write down their ideas several times a day?
Answer: Collective notebook method
◉ All of the following are questions an opportunity assessment plan
might answer except:
, Answer: How much capital do I need?
◉ The files of the U.S Patent Office are kept confidential and
entrepreneurs cannot study their components
Answer: False
◉ Under the Sarbanes- Oxley Act, CEO's are not required to vouch
for the firms financial statements because they don't get involved
with the day to day operations of the firm.
Answer: False
◉ Which of the following is true regarding the Sabarnes-Oxley act?
Answer: It only applies to companies that make over $10 million in
gross revenue
◉ Authors or publishers of software are protected under:
Answer: Copyrights
◉ Copyrights are registered with:
Answer: Library of Congress
◉ Motivations for going global, discussed in the text, include all of
the following except: