1. Verbal comments that happen to be of a sexual nature do not constitute sexual harassment because it is speech protected by the First Amendment. True or False

2.The UCC's Article 2 does not cover the sale of:

a. land b. a load of corn c. a computer sold to a business d. a truck load of printer paper e. furniture

3. Under Title VII, recognized races include white and black. True or False

4.An item is movable if:

a. it can be easily reproduced b. it can be cannot be moved c. it can be bought in any state d. it can be carried from one location to another e. it is a service that can be performed anywhere

5.The oldest and simplest form of business organization is the:

a. syndicate b. joint venture c. limited partnership d. cooperative e. proprietorship

6.The Equal Pay Act allows pay differentials between men and women if based on a merit system. True or False

7.Corporate directors are protected from liability for honest mistakes in decisions made by the business judgment rule. True or false

8. The majority of businesses in the United States are:

a. corporations b. non-profit c. none of the other choices are correct d. non-taxable e. partnerships

9.A general partnership is: a. an understanding between a supplier and a distributor b. an association of two or more persons to carry on a business as co-owners for a profit c. none of the other choices are correct d. a merger of two corporations e. an association of two or more companies that help each other with business, but do not share profits 10. There are ____ businesses in the United States.

a. under 20 million b. over 50 million c. less than 500,000 d. too many e. over 30 million