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INTB 200 FINAL EXAM NEWEST 2025 ACTUAL
EXAM COMPLETE 100 QUESTIONS AND
CORRECT DETAILED ANSWERS (VERIFIED
ANSWERS) |ALREADY GRADED A+||BRAND
NEW!!Question 1: The common law system:
- lacks the flexibility that other systems have.
- is based on tradition, precedent, and custom.
- gives judges the power only to apply the law.
- is based on a detailed set of laws organized into codes.
CORRECT ANSWER : b. is based on tradition, precedent, and
custom.
Question 2: Design and names by which merchants or
manufacturers designate and differentiate their products are
known as:
- patents.
- copyrights.
- trademarks.
- licenses.
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CORRECT ANSWER : c. trademarks.
Question 3: The TRIPS agreement was designed to:
- exclude China from all intellectual property agreements.
- oversee a much stricter enforcement of intellectual property
- lobby for more lax intellectual property rights for poor
- support traded software and recorded property among
regulations.
countries.
developed markets.
CORRECT ANSWER : b. oversee a much stricter enforcement
of intellectual property regulations.
Question 4: According to _____, socialism can only be achieved
through violent revolution.
- capitalists
- communists
- social democrats
- democrats
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CORRECT ANSWER : b. communists
Question 5: _____ is consistent with the notion that an
individual's right to do something may be restricted because it runs counter to "the good of society" or "the common good."
- Entrepreneurship
- Collectivism
- Free enterprise
- Capitalism
CORRECT ANSWER : b. Collectivism
Question 6: A state where political power is monopolized by a
party, group, or individual that governs according to religious
principles is best described as following:
- theocratic totalitarianism.
- tribal totalitarianism.
- right-wing totalitarianism.
- communist totalitarianism.
CORRECT ANSWER : a. theocratic totalitarianism.
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Question 7: In a pure market economy:
- all productive activities are owned by the state.
- all productive activities are privately owned.
- the government plans the goods and services that a country
- resources are allocated for "the good of society."
produces.
CORRECT ANSWER : b. all productive activities are privately
owned.
Question 8: Which of the following provides exclusive legal
rights to authors, composers, playwrights, artists, and publishers to publish and disperse their work as they see fit?
- Patents
- Copyrights
- Trademarks
- Licenses