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chapter 7 garcia
Question | Answer |
---|---|
monopoly | exists when only one company provides a product or service without competition from other companies |
price discrimination | setting different prixes for different customers |
false advertising | advertising that is misleading in some important way, including the failure to reveal facts about possible results from using the advertised products. |
bankrubptcy | a legal process thatr allows the selling of asets to pay off debts |
patent | an agreement in which the federal government gives an inventor the sole right for 20 years to make use, and sell an invention or a process |
copyright | similat to a patent in that the federal government gives an author the slore right to reproduce, publish, and sell literary or artistic work for the life of the author, typicall, plus 70 years |
trademark | a distinguishing name, symbol, or special mark placed on a good or service that is legally reserved for the sole use of the owner. |
information liability | the responsibility for physical or economic injury arising from incorrect data or wrongful use of data. |
cookies | files of information about the user that some web sites create and store on the user's own computer. |
interstate commerce | defines as business operations and transactions that cross state lines,such as products that are produces inone state and sold in other state |
intrastate commerce | is defines as business transacted within a state |
public franchise | cotract that permits a person or organization to use public property for private profit |
building codes | control physical features of strictures |
zoning | regulations specify which lans areas may be used for homes and which areas may by used for different types of busineses |