Deca Entrepreneurship Exam Questions
and Answers 100% Solved
Sovereign Community - ✔✔A legal concept stating that the courts in a
country represent the country's laws, and their decisions cannot be
reversed by the decision of courts in other countries.
Legal concept that affects foreign countries
Eminent Domain - ✔✔the right of a government or its agent to take away
private property for public use, with payment of compensation.
Absolute privilege - ✔✔An absolute defense to an otherwise defamatory
statement because of the venue or context in which the statement was
made.
Social Responsibility - ✔✔An organization or individual has an obligation to
act for the benefit of society at large.
Infringement - ✔✔The action of breaking the terms of a law, agreement,
etc.
Defamation - ✔✔A statement that injures a third party's reputation.
, ©JOSHCLAY 2024/2025. YEAR PUBLISHED 2024.
National Labor Relations Act - ✔✔to protect the rights of employees and
employers, to encourage collective bargaining, and to lessen certain private
sector labor and management practices
Vocational Rehabilitation Act - ✔✔Was put in place to correct the problem
of discrimination against people with disabilities in the United States.
Fair Labour Standards Act - ✔✔A law that creates the right to a minimum
wage, and "time-and-a-half" overtime pay when people work over forty
hours a week.
Americans with Disabilities Act - ✔✔A civil rights law that prohibits
discrimination based on disability.
Does not allow employers to ask employees about potential medical
history.
Consolidation - ✔✔joining of two or more companies to form a new
company
General Partnership - ✔✔designed to combine capital, experience,
and the abilities of two or more people
Limited Partnership - ✔✔permits a partner to invest in a business but have
limited