Question 1

What is a civil or private act that harms other people or their property?

Accepted Answer

A)   a civil wrong
B)   a tort
C)   a felony
D)   a misdemeanour

Question 2

To stimulate competition and protect both consumers and workers, what does the federal government do?

Accepted Answer

A)   It places heavy taxes on companies in monopolistic competition.
B)   It creates business systems to meet the needs of all consumers.
C)   It creates regulations to intervene in the free market.
D)   It places limits on international trade in order to stimulate domestic production.

Question 3

Which level of government controls bylaws?

Accepted Answer

A)   federal
B)   provincial
C)   municipal
D)   community

Question 4

What is the intent of a patent?

Accepted Answer

A)   to increase competition in the marketplace
B)   to reward innovation and hard work of inventors
C)   to slow the growth of monopolies
D)   to encourage copycat inventions

Question 5

A tort is a private wrong that results in physical or mental harm to an individual or damage to that person's property.

Accepted Answer

A) True 
 B)False

Question 6

Who owns the copyright of a cartoon character created by an employee of a company as part of his or her normal job responsibilities?

Accepted Answer

A)   the employee who created the cartoon character
B)   the employer of the cartoon character's creator
C)   all of the employees who worked on the cartoon character
D)   the union that represents the employee

Question 7

Why is Quebec receiving $29.5 million from Sustainable Development Technology Canada?

Accepted Answer

To money is to pilot a demonst...

Question 8

What are the four main types of taxes other than income taxes?

Accepted Answer

A)   gas, alcohol, sales, and property
B)   excise, property, sales, and alcohol
C)   property, payroll, sales, and excise
D)   property, payroll, sales, and GST

Question 9

Rio Bravo Theme Park is known for its variety of roller coasters. Recently, it was reported that two cars on the Macho Nacho roller coaster left the tracks, resulting in serious injuries to four riders. These riders are suing the theme park for damages, claiming that the maintenance procedures for the coasters were carelessly performed by the park's staff. When hearing the lawsuits, the courts will seek to determine whether Rio Bravo Theme park could be which of the following?

Accepted Answer

A)   guilty of a felony
B)   liable for a breach of contract
C)   guilty of a misdemeanour
D)   liable for an unintentional tort

Question 10

What are the three levels of government in Canada?

Accepted Answer

A)   federal, provincial, municipal
B)   federal, state, city
C)   country, province, city
D)   country, province, municipality

Question 11

PEI is the only province that does not collect provincial sales tax.

Accepted Answer

A) True 
 B)False

Question 12

A patent gives inventors exclusive rights to their inventions for how long?

Accepted Answer

A)   20 months
B)   17 years
C)   20 years
D)   the lifetime of the inventor plus 50 years

Question 13

Which jurisdiction has the responsibility for education?

Accepted Answer

A)   federal
B)   provincial
C)   municipal
D)   community

Question 14

The judgment handed out in civil court typically entails which of the following?

Accepted Answer

A)   imprisonment only
B)   compensation for injury
C)   public reprimands
D)   a combination of fines and imprisonment

Question 15

Which system ensures that the government is held accountable to you and me?

Accepted Answer

A)   the audit system
B)   the tax system
C)   the police system
D)   the bank system

Question 16

Which position is responsible for a federal or provincial department's day-to-day operations?

Accepted Answer

A)   minister
B)   deputy minister
C)   assistant minister
D)   head minister

Question 17

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

Accepted Answer

Labour laws, education, health...

Question 18

Explain the difference between monetary and fiscal policy and explain how they are formulated.

Accepted Answer

Fiscal policy refers to government effor...

Question 19

The warranty you receive in the box with a DVD player is an express warranty.

Accepted Answer

A) True 
 B)False

Question 20

Which level of government collects tax off the money you earn (income tax) ?

Accepted Answer

A)   provincial and municipal
B)   federal only
C)   federal and provincial
D)   provincial only

Exam 1: Political Environment

What is a civil or private act that harms other people or their property?

Correct Answer
verified

A patent gives inventors exclusive rights to their inventions for how long?

Correct Answer
verified

A tort is a private wrong that results in physical or mental harm to an individual or damage to that person's property.

Correct Answer
verified

The warranty you receive in the box with a DVD player is an express warranty.

Correct Answer
verified

Which jurisdiction has the responsibility for education?

Correct Answer
verified

Which level of government controls bylaws?

Correct Answer
verified

Which position is responsible for a federal or provincial department's day-to-day operations?

Correct Answer
verified

What is the intent of a patent?

Correct Answer
verified

The judgment handed out in civil court typically entails which of the following?

Correct Answer
verified

What are the four main types of taxes other than income taxes?

Correct Answer
verified

Which system ensures that the government is held accountable to you and me?

Correct Answer
verified

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

Correct Answer
verified
Labour laws, education, health...
View Answer

Which level of government collects tax off the money you earn (income tax) ?

Correct Answer
verified

What are the three levels of government in Canada?

Correct Answer
verified

Correct Answer
verified

Explain the difference between monetary and fiscal policy and explain how they are formulated.

Correct Answer
verified
Fiscal policy refers to government effor...
View Answer

PEI is the only province that does not collect provincial sales tax.

Correct Answer
verified

Who owns the copyright of a cartoon character created by an employee of a company as part of his or her normal job responsibilities?

Correct Answer
verified

Why is Quebec receiving $29.5 million from Sustainable Development Technology Canada?

Correct Answer
verified
To money is to pilot a demonst...
View Answer

To stimulate competition and protect both consumers and workers, what does the federal government do?

Correct Answer
verified

Exam 1: Political Environment

What is a civil or private act that harms other people or their property?

Correct AnswerverifiedShow Answer

A patent gives inventors exclusive rights to their inventions for how long?

Correct AnswerverifiedShow Answer

A tort is a private wrong that results in physical or mental harm to an individual or damage to that person's property.

Correct AnswerverifiedShow Answer

The warranty you receive in the box with a DVD player is an express warranty.

Correct AnswerverifiedShow Answer

Which jurisdiction has the responsibility for education?

Correct AnswerverifiedShow Answer

Which level of government controls bylaws?

Correct AnswerverifiedShow Answer

Which position is responsible for a federal or provincial department's day-to-day operations?

Correct AnswerverifiedShow Answer

What is the intent of a patent?

Correct AnswerverifiedShow Answer

The judgment handed out in civil court typically entails which of the following?

Correct AnswerverifiedShow Answer

What are the four main types of taxes other than income taxes?

Correct AnswerverifiedShow Answer

Which system ensures that the government is held accountable to you and me?

Correct AnswerverifiedShow Answer

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

Correct AnswerverifiedLabour laws, education, health...View AnswerShow Answer

Which level of government collects tax off the money you earn (income tax) ?

Correct AnswerverifiedShow Answer

What are the three levels of government in Canada?

Correct AnswerverifiedShow Answer

Correct AnswerverifiedShow Answer

Explain the difference between monetary and fiscal policy and explain how they are formulated.

Correct AnswerverifiedFiscal policy refers to government effor...View AnswerShow Answer

PEI is the only province that does not collect provincial sales tax.

Correct AnswerverifiedShow Answer

Who owns the copyright of a cartoon character created by an employee of a company as part of his or her normal job responsibilities?

Correct AnswerverifiedShow Answer

Why is Quebec receiving $29.5 million from Sustainable Development Technology Canada?

Correct AnswerverifiedTo money is to pilot a demonst...View AnswerShow Answer

To stimulate competition and protect both consumers and workers, what does the federal government do?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Labour laws, education, health...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Fiscal policy refers to government effor...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
To money is to pilot a demonst...
View Answer

Correct Answer
verified