1. In the U.S., until
___________, prescription drugs could not be advertised directly to
consumers. a. 1965 b. 1970 c. 1980 d.1985 2. In 2005, the
pharmaceutical industry spent_________ on TV ads. a. $2.5 million b. $500 million c. $1.19 billion d. $11.1 billion 3. The U.S. and ___________
are the only two developed nations that allow
direct-to-consumer advertising of pharmaceutical drugs. a. U.K. b. Japan c. Canada d. New Zealand 4. ____________ refers to
the practice of a seller putting a much higher price on the item
for sale than is considered fair or reasonable. a. Overpricing b. Price gouging c. Mark-up d. Price inflation 5. All of the following are
major arms suppliers, except: a. Korea. b. the United States. c. Russia. d. France. 6. The National Advertising
Review Board (NARB) was formed in: a. 1956. b. 1968. c. 1971. d. 1997. 7. The Equal Pay Act of
____________ guarantees the right to equal pay for equal work and
is aimed especially at wage discrimination against women. a. 1954 b.1960 c. 1963 d. 1974 8. The first level of
affirmative action involves the active recruiting of: a. women and members of minority groups. b. women only. c. minority groups only. d. none of the above. 9. Trademarks
____________ after a certain length of time and the rights one has
continue indefinitely. a. expire b. do not expire c. expire after one year d. expire after five years 10. Currently, copyrighted material is protected for
life of the author plus: a. 5 years. b. 25 years. c. 50 years. d. 70 years. 11. ____________ applies to the authorized use of
copyrighted material without permission under certain
conditions. a. Fair use b. Fair act c. Common use d. Common sharing 12. The stealing of funds or assets by computer has
resulted in the loss to business of what is conservatively
estimated to be ____________ annually. a. $1 billion b. $2 billion c. 3 billion d. $5 billion 13. Data _________ is a technique of using special
software to sift through large databases in order to derive
information that is implicit but not explicit in the data. a. mining b. hacking c. cracking d. monitoring 14. _________ refers to land and to the buildings
and additions on the land. a. intellectual property b. tangible c. real property d. none of the above. 15. From an ethical perspective, which is the proper
response with regards to the length of a copyright? a. The longer contemporary period is better than the shorter
historical period. b. Ethics cannot provide a specific period. c. The shorter historical period is better than the longer
contemporary period. d. Both the shorter historical period and the longer
contemporary period are best for their time periods 16. Which of the following is not covered by the
doctrine of fair use? a. Scholarly criticism and scholarship b. Using copies instead of assigning a text c. News reporting d. Research 17. The EEO laws require an employer to give greater
care to ____________ than many employers did prior to the laws. a. writing the job description for a position b. safety training c. positive feedback d. salary negotiations 18. The Age Discrimination in Employment Act
protects those between the ages of _____________. a. 40 and 60 b. 40 and 70 c. 50 and 70 d. 50 and 80 19. The right to privacy with relation to the
Internet is: a. ethically covered, but not legally. b. is legally covered, but not ethically. c. is neither ethically nor legally covered. d. is both legally and ethically covered. 20. ____________ property refers to land and
to the buildings and additions on the land. a. Tangible b. Real c. Intangible d. Concrete 21. Money, stocks, bonds, and other financial
securities are what type of property? a. Tangible b. Real c. Intangible d. Concrete 22. _____________ is significantly different from
the other types of property because it can be shared with others
without losing any part of it oneself. a. Intellectual property b. Intangible property c. Tangible property d. Real property 23. Once revealed, _____________ are no longer
legally protected. a. trade secrets b. patents c. copyrights d. none of the above 24. Patents filed after 1995 afford protection for a
period of ____________ years from the date of application. a. 10 b. 20 c. 25 d. 50 25. ____________ prevent others from using the same
or a very similar type of symbol to represent their products. a. Trademarks b. Patents c. Copyrights d. Trade secrets Purchase the answer to view it






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