Page 194 - Business Principles and Management

C HAPTER 7 A SSESSMENT

DETERMINE THE BEST ANSWER

13. A type of tax in which the actual tax rate decreases as the taxable
amount increases is the
a. proportional tax
b. regressive tax
c. progressive tax
d. sales tax

14. An agreement in which the federal government gives an author the
sole right to reproduce, publish, and sell literary or artistic work is
called a
a. patent
b. copyright
c. trademark
d. license

15. A contract that permits a person or organization to use public
property for private profit is called
a. public franchise
b. public license
c. public patent
d. none of the above

16. Which of the following are true for computer cookies?
a. They are stored on the user’s own computer.
b. They can track where users go on the Internet.
c. They can gather information on user interests and preferences
for marketing purposes.
d. All of the above are true.

17. A tax on real estate is called
a. excise tax
b. home tax
c. property tax
d. real property tax

18. State and local governments limit and control those who plan to
enter certain types of businesses by issuing
a. patents
b. copyrights
c. trademarks
d. licenses

19. Which of the following are controlled by building codes?
a. physical features
b. maximum height
c. types of materials that can be used
d. all of the above

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