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Exam 1: Political Environment

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Question 21

Multiple Choice

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Which of the following does the municipal government have authority over?

A) health care
B) sewers
C) education
D) trade

E) A) and D)
F) A) and C)

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Question 22

Multiple Choice

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Which of the following guarantees that the product you buy will conform to the customary standards of the trade/industry? 

A) an implied warranty
B) an express warranty
C) a uniform warranty
D) a commercial warranty

E) A) and D)
F) B) and D)

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Question 23

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Which of the following does the municipal government have authority over?

Why does the government provide incentives to individuals?

Which level of government sets the minimum wage?

Canada's federal government has decreased its investment in clean energy projects as there are doubts about global warming.

Warren Tee was injured using a hair dryer manufactured by the Whoopee Electrical Products Company. Tee has contacted a lawyer because he feels that Whoopee is responsible for his injury based on which legal principle?

Which of the following holds a company liable for damages caused by a defective product even if the company was unaware of the defect at the time of sale?

Describe some of the areas that the federal government has authority over.

The Government of Canada's training provider for federal service is the Canadian Foreign Service Institute.

The Nike Swoosh and the McDonald's Golden Arches are examples of corporate trademarks.

P3s are a contractual agreement between a public office and the private sector.

Why was the Competition Act established?

Which of the following protects the Nike Swoosh and the Golden Arches of McDonald's?

What is the social movement designed to increase and strengthen the rights and powers of buyers in business transactions?

How can progressive income taxes best be described?

The federal government of Canada collects money from all the provinces and then redistributes money from rich provinces to poorer ones. Alberta is making a lot of money right now due to the increased production in the Athabasca Tar Sands. Some of the tax money is going from Alberta to Quebec via the federal government. What term describes this?

What are sales taxes charged on?

What are tax rates that increase as one's income increases?

What type of projects are best used for public-private partnerships (P3s) ?