Deca Entrepreneurship Exam 2026
Questions and Answers
Sovereign Community - Correct answer-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 - Correct answer-the right of a government or its agent to take
away private property for public use, with payment of compensation.
Absolute privilege - Correct answer-An absolute defense to an otherwise
defamatory statement because of the venue or context in which the statement was
made.
Social Responsibility - Correct answer-An organization or individual has an
obligation to act for the benefit of society at large.
Infringement - Correct answer-The action of breaking the terms of a law,
agreement, etc.
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, Defamation - Correct answer-A statement that injures a third party's reputation.
National Labor Relations Act - Correct answer-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 - Correct answer-Was put in place to correct the
problem of discrimination against people with disabilities in the United States.
Fair Labour Standards Act - Correct answer-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 - Correct answer-A civil rights law that prohibits
discrimination based on disability.
Does not allow employers to ask employees about potential medical history.
Consolidation - Correct answer-joining of two or more companies to form a new
company
General Partnership - Correct answer-designed to combine capital, experience,
and the abilities of two or more people
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
Questions and Answers
Sovereign Community - Correct answer-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 - Correct answer-the right of a government or its agent to take
away private property for public use, with payment of compensation.
Absolute privilege - Correct answer-An absolute defense to an otherwise
defamatory statement because of the venue or context in which the statement was
made.
Social Responsibility - Correct answer-An organization or individual has an
obligation to act for the benefit of society at large.
Infringement - Correct answer-The action of breaking the terms of a law,
agreement, etc.
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
, Defamation - Correct answer-A statement that injures a third party's reputation.
National Labor Relations Act - Correct answer-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 - Correct answer-Was put in place to correct the
problem of discrimination against people with disabilities in the United States.
Fair Labour Standards Act - Correct answer-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 - Correct answer-A civil rights law that prohibits
discrimination based on disability.
Does not allow employers to ask employees about potential medical history.
Consolidation - Correct answer-joining of two or more companies to form a new
company
General Partnership - Correct answer-designed to combine capital, experience,
and the abilities of two or more people
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
