Question

indicate whether the statement is true or false.
____ 10. it’s extremely important for businesses to make sure they follow consumer laws, as it not only protects consumers but also protects their business.
____ 11. federal trade commission and the food and drug administration missions are the exact same.
____ 12. a consumer has the basic right to be informed about a product and know that it is safe.
____ 13. employment law focuses on fair treatment in the workplace, of just some people.
____ 14. equal employment opportunity should prevent people from discriminating, but that doesn’t mean it always happens.
____ 15. if there is discrimination in the workplace it is important to document everything and to file a complaint to the eeoc and the ofccp.
____ 16. workplace safety and health laws are created to try to completely stop illnesses and accidents in the workplace.
____ 17. it’s not critical for employers and employees to know and understand employment law.
____ 18. if accidents ever happen in the workplace, government agents are able to investigate the violations and can issue citations for non - compliance.
____ 19. businesses should develop and have a total rewards strategy in place for their employees.
____ 20. labor relations help management develop, maintain, and improve employee relationships. this is done through communication, training, helping handle disputes or grievances, performance management, etc.
____ 21. not all business professionals should learn and know business law, just owners.
____ 22. teen workers are injured more often on the job because of not having a lot of work experience.
____ 23. no individual or business is given unlimited rights to any of their properties.
____ 24. most people do not own some sort of personal property.
____ 25. the whole purpose behind intellectual property is products of human intellect should be given the same protective rights as physical property.
____ 26. when a business or individual has the rights to intellectual property they can apply for a patent, copyright, or trademark.
____ 27. trade secrets are a way for businesses to keep certain things classified.
____ 28. patents are good for 10 years and then you have to renew them.
____ 29. trademarks are good indefinitely and are extremely important to businesses and organizations.
____ 30. every state has the same property laws when it comes to ownership and transfers of property.

Explanation:

1. Following consumer laws protects consumers and the business (e.g., reputation, legal issues), so True.
2. FTC focuses on trade/consumer protection, FDA on food/drugs—missions differ, so False.
3. Consumers have the right to be informed and safe (e.g., product info, safety standards), so True.
4. Employment law aims for fair treatment of all workers, not “just some,” so False.
5. EEO should prevent discrimination, but it still occurs (e.g., implicit bias), so True.
6. Documenting discrimination and filing with EEOC/OFCCP is standard procedure, so True.
7. Workplace safety laws aim to reduce, not “completely stop,” illnesses/accidents, so False.
8. Employers/employees need to know employment law (e.g., rights, compliance), so False.
9. Government agencies (e.g., OSHA) investigate workplace accidents/violations, so True.
10. Total rewards strategies (pay, benefits, etc.) are beneficial for employee retention/engagement, so True.
11. Labor relations involve managing employee relationships via communication, dispute resolution, etc., so True.
12. All business professionals (not just owners) should know business law (e.g., managers, employees), so False.
13. Teen workers’ lack of experience increases injury risk (e.g., unfamiliar with safety protocols), so True.
14. Property rights are limited (e.g., zoning laws, eminent domain), so True.
15. Most people own personal property (e.g., phones, clothes), so False.
16. Intellectual property (IP) gives legal protection to creative works, similar to physical property, so True.
17. IP rights include patents, copyrights, trademarks, so entities can apply for these, so True.
18. Trade secrets (e.g., recipes, algorithms) are kept confidential by businesses, so True.
19. Patents last 20 years (not 10) and don’t require renewal (they expire), so False.
20. Trademarks last indefinitely (with renewal) and are vital for brand identity, so True.
21. Property laws (e.g., real estate, inheritance) vary by state, so False.

Answer:

1. True
2. False
3. True
4. False
5. True
6. True
7. False
8. False
9. True
10. True
11. True
12. False
13. True
14. True
15. False
16. True
17. True
18. True
19. False
20. True
21. False