World GK MCQs

World Famous Business Laws MCQs with Answers

Which business law governs contracts and agreements between parties?
a) Contract Law
b) Property Law
c) Criminal Law
d) Tort Law
Answer: a) Contract Law

Which business law protects intellectual property rights, such as patents and trademarks?
a) Intellectual Property Law
b) Employment Law
c) Tax Law
d) Competition Law
Answer: a) Intellectual Property Law

Which business law regulates the formation and operation of companies?
a) Company Law
b) Consumer Law
c) Labor Law
d) Environmental Law
Answer: a) Company Law

Which business law ensures fair competition and prevents anti-competitive practices?
a) Competition Law
b) Employment Law
c) Tax Law
d) Contract Law
Answer: a) Competition Law

Which business law governs the buying and selling of goods and services?
a) Commercial Law
b) Property Law
c) Criminal Law
d) Tort Law
Answer: a) Commercial Law

Which business law regulates employment relationships and protects workers’ rights?
a) Employment Law
b) Intellectual Property Law
c) Tax Law
d) Competition Law
Answer: a) Employment Law

Which business law deals with the financial aspects of businesses, including taxation and accounting?
a) Tax Law
b) Property Law
c) Criminal Law
d) Tort Law
Answer: a) Tax Law

Which business law protects consumers’ rights in transactions and regulates product safety?
a) Consumer Law
b) Employment Law
c) Contract Law
d) Competition Law
Answer: a) Consumer Law

Which business law addresses environmental protection and sustainability?
a) Environmental Law
b) Property Law
c) Criminal Law
d) Tort Law
Answer: a) Environmental Law

Which business law governs the transfer and ownership of real property?
a) Property Law
b) Intellectual Property Law
c) Tax Law
d) Contract Law
Answer: a) Property Law

Which business law regulates international trade and cross-border transactions?
a) International Trade Law
b) Employment Law
c) Contract Law
d) Competition Law
Answer: a) International Trade Law

Which business law protects investors and regulates securities markets?
a) Securities Law
b) Intellectual Property Law
c) Tax Law
d) Consumer Law
Answer: a) Securities Law

Which business law governs the resolution of disputes through legal proceedings?
a) Civil Procedure Law
b) Employment Law
c) Contract Law
d) Competition Law
Answer: a) Civil Procedure Law

Which business law regulates the relationship between employers and employees?
a) Labor Law
b) Property Law
c) Criminal Law
d) Tort Law
Answer: a) Labor Law

Which business law addresses the liability for wrongful acts that cause harm to others?
a) Tort Law
b) Intellectual Property Law
c) Tax Law
d) Consumer Law
Answer: a) Tort Law

Which business law governs the collection and use of personal data by organizations?
a) Data Protection Law
b) Employment Law
c) Contract Law
d) Competition Law
Answer: a) Data Protection Law

Which business law protects the rights of creditors and regulates debt collection?
a) Bankruptcy Law
b) Property Law
c) Criminal Law
d) Tort Law
Answer: a) Bankruptcy Law

Which business law regulates the formation and operation of partnerships?
a) Partnership Law
b) Intellectual Property Law
c) Tax Law
d) Consumer Law
Answer: a) Partnership Law

Which business law governs the transfer of ownership of personal property?
a) Property Law
b) Employment Law
c) Contract Law
d) Competition Law
Answer: a) Property Law

Which business law addresses the legal rights and obligations of individuals and businesses in cyberspace?
a) Cyber Law
b) Intellectual Property Law
c) Tax Law
d) Consumer Law
Answer: a) Cyber Law

Which business law regulates the use of trademarks, copyrights, and patents?
a) Intellectual Property Law
b) Employment Law
c) Contract Law
d) Competition Law
Answer: a) Intellectual Property Law

Which business law governs the protection of trade secrets and confidential information?
a) Trade Secret Law
b) Property Law
c) Criminal Law
d) Tort Law
Answer: a) Trade Secret Law

Which business law addresses the legal framework for electronic commerce and online transactions?
a) E-commerce Law
b) Employment Law
c) Contract Law
d) Competition Law
Answer: a) E-commerce Law

Which business law protects the rights of inventors and encourages innovation?
a) Patent Law
b) Intellectual Property Law
c) Tax Law
d) Consumer Law
Answer: a) Patent Law

Which business law governs the protection of creative works, such as books, music, and films?
a) Copyright Law
b) Employment Law
c) Contract Law
d) Competition Law
Answer: a) Copyright Law

Which business law regulates the transportation of goods and passengers by land, air, or sea?
a) Transport Law
b) Property Law
c) Criminal Law
d) Tort Law
Answer: a) Transport Law

Which business law addresses the legal requirements for starting and operating a business?
a) Business Law
b) Intellectual Property Law
c) Tax Law
d) Consumer Law
Answer: a) Business Law

Which business law protects individuals from fraud, theft, and other criminal offenses?
a) Criminal Law
b) Employment Law
c) Contract Law
d) Competition Law
Answer: a) Criminal Law

Which business law governs the taxation of individuals and businesses?
a) Tax Law
b) Property Law
c) Criminal Law
d) Tort Law
Answer: a) Tax Law

Which business law protects the rights of shareholders and regulates corporate governance?
a) Corporate Law
b) Intellectual Property Law
c) Labor Law
d) Consumer Law
Answer: a) Corporate Law

Which business law addresses the legal framework for international commercial transactions?
a) International Business Law
b) Employment Law
c) Contract Law
d) Competition Law
Answer: a) International Business Law

Which business law governs the relationships between business partners?
a) Partnership Law
b) Intellectual Property Law
c) Tax Law
d) Consumer Law
Answer: a) Partnership Law

Which business law regulates the import and export of goods and services?
a) Import-Export Law
b) Property Law
c) Criminal Law
d) Tort Law
Answer: a) Import-Export Law

Which business law protects whistleblowers who report illegal or unethical activities in organizations?
a) Whistleblower Protection Law
b) Intellectual Property Law
c) Tax Law
d) Consumer Law
Answer: a) Whistleblower Protection Law

Which business law governs the resolution of disputes through alternative methods, such as mediation and arbitration?
a) Alternative Dispute Resolution Law
b) Employment Law
c) Contract Law
d) Competition Law
Answer: a) Alternative Dispute Resolution Law

Which business law protects the rights of borrowers and regulates lending practices?
a) Banking Law
b) Property Law
c) Criminal Law
d) Tort Law
Answer: a) Banking Law

Which business law governs the regulation and supervision of financial institutions?
a) Financial Law
b) Intellectual Property Law
c) Tax Law
d) Consumer Law
Answer: a) Financial Law

Which business law addresses the legal framework for international investment and investor protection?
a) Investment Law
b) Property Law
c) Criminal Law
d) Tort Law
Answer: a) Investment Law

Which business law protects individuals from unfair or deceptive business practices?
a) Unfair Competition Law
b) Employment Law
c) Contract Law
d) Competition Law
Answer: a) Unfair Competition Law

Which business law governs the regulation and supervision of insurance companies?
a) Insurance Law
b) Intellectual Property Law
c) Tax Law
d) Consumer Law
Answer: a) Insurance Law

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