101. After the collapse of communism in Dehran, successful business owners often had to pay
“protection money” to the mafia or face violent retribution. In the context of property rights, the
behavior of the mafia is an example of:
102. In the context of property rights, which of the following best exemplifies private action?
103. When state officials, such as politicians and government bureaucrats, violate property
rights by extorting income, resources, or the property itself from property holders, it is described
as:
104. Which of the following best exemplifies public action?
105. The Republic Of Marwa has decided to open its economy to globalization. Which of the
following will facilitate this decision of Marwa?
106. Which of the following terms best defines the relationship between the level of corruption
and economic growth rate in a country?
107. In the 1970s, the United States passed the _____ following revelations that U.S.
companies had bribed government officials in foreign countries in an attempt to win lucrative
contracts.
108. In the United States, the Foreign Corrupt Practices Act was passed during the 1970s
following revelations that:
109. Which of the following does the U.S. law and OECD convention allow as an exception?
110. Small legally acceptable payment made to speed up the issuance of permits or licenses,
or process paperwork is typically referred to as a(n):
111. As per the U.S. law and OECD convention, which of the following will most likely to be
considered as a grease payment?
112. Grease payments are technically _____.
113. Which of the following best exemplifies facilitating or expediting payments in business?
114. Which of the following is true about grease payments?
115. Products of the mind, such as computer software, a screenplay, a music score, or the
chemical formula for a new drug, constitute:
116. Initech Incorporated, a multinational giant, runs a number of diversified businesses.
Which of the following can be considered as an intellectual property of the firm?
117. A _____ grants the inventor of a new product or process exclusive rights for a defined
period to the manufacture, use, or sale of that invention.
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118. Silver Tape Corporation has developed a new type of adhesive tape. Which of the
following types of legal protections can grant the company exclusive rights for a defined period to
the manufacture, use, or sale of the new adhesive tape?
119. A composer can protect an original musical score from being copied and sold by someone
else by acquiring a(n) _____ for the score.
120. Which of the following is most likely to be protected by a copyright?