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IB1807 - MC - Quiz 3 - LAW102 - Phan Thị Thu

The document is a quiz for LAW102, consisting of multiple-choice questions related to legal concepts such as contracts, intellectual property, and corporate law. Each question requires the selection of the best answer from the provided options. The quiz covers various topics including trade secrets, bailment, intoxication, and the rights of stockholders.

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3 views6 pages

IB1807 - MC - Quiz 3 - LAW102 - Phan Thị Thu

The document is a quiz for LAW102, consisting of multiple-choice questions related to legal concepts such as contracts, intellectual property, and corporate law. Each question requires the selection of the best answer from the provided options. The quiz covers various topics including trade secrets, bailment, intoxication, and the rights of stockholders.

Uploaded by

phanthu2004vn
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Name: Phan Thị Thu

Rollnumber: HS180600

Quiz 3 – LAW102

Choose the best answer by highliting in bold to complete the


sentences:

1. Formula to produce Coca-Cola can be protected as………….

A. Works of art

B. Trademark

C. Trade secrets

2. ………is the bailment for the sole benefit of the bailee?

A. A student borrows a book from a library

B. Mr. A leaves his car with a garage for repair

C. A student hires a car for his vacation

3. ………….. means people who are under the influence of alcohol or


drugs.

A. Intoxicated persons

B. Minors
C. Mentally incompetent people

4. All contracts for the sale of goods must be in writing when the price
is………

A. $50 or more.

B. $300 or more.

C. $500 or more.

5. ……………is one of the requirements of a valid offer.

A. Offer must be seriously intended

B. Offer need not be communicated to the offeree

C. Offer must be indefinite

6. A revocation of an offer must be communicated to the offeree


…………….…

A. after the acceptance.

B. prior to the acceptance.

C. at the same time of the acceptance.

7. Which is the correct statement?

A. Only stockholders in the corporation’s record book have a right to vote.

B. Only directors in the corporation have a right to vote.

C. All stockholders have a right to vote.


8. ……………is not the right of stockholders.

A. Statuting the articles of incorporation, and bylaws limit the powers of the
board of directors

B. Receiving a proportionate share of the profits when profits are


distributed as dividends

C. Receiving a properly executed certificate as evidence of ownership of


shares of stock

9. Which statement is correct?

A. A void contract is the same as an unenforceable contract

B. A void contract is an agreement with no legal effect.

C. A void contract is enforceable in court.

10. Offer is not terminated by…………….

A. Lapse of time specified

B. Rejection of the offer by the offeree

C. The performance of the contract is legal

11. ……………. is a formal agreement where everything stated in the


agreement has been done by the people involved

A. An executed contract

B. A void contract
C. An executory contract

12. In order to be protected as copyright, the creation must be……….

A. beautiful

B. original

C. applicable in industry

13. ………….. is considered as bilateral contract.

A. Contract for gifts of property

B. Transport contract

C. Reward contract

14. Which is not the advantage of sole proprietorship?

A. Ease of organization

B. Unlimited liability

C. Flexible management

15. Which country does not influence America’s legal system?

A. France

B. Malaysia

C. England

16. Which is the disadvantage of corporations?


A. Many voices in management and ownership

B. Limited liability

C. Pooling of capital from many investors

17. Copyright protects…………., it does not protect …………….

A. the expression of an idea/an idea

B. an idea/ the expression of an idea

C. the expression of an idea/the function of an item

18. If a famous singer sets up her own company to sell her own range of
clothes, what type of intellectual property right can she use to show that the
clothes are made by her company?

A. Patent

B. Copyright

C. Trademark

19. Company A registered the mark “Adidas” for sport clothes in 2000 in
Vietnam. Which of the following marks can be issued the certificate if
another company apply for registration in 2020?

A. “Dadida” for shoes.

B. “Abidas” for sport clothes.

C. “Adidas” for sport shoes.

20. Which is the disadvantage of partnership?


A. Divided authority

B. Increased capital and management

C. Ratio of expenses per dollar may be decreased

The end

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