Deck 1: Politics Governments’ Roles

Question 1

People living in Okinawa,Japan,have the longest life spans in the world.Researchers have looked at many factors that contribute to their longevity.They have found that the people have a very high general level of happiness.This is referred to as which of the following?

A) standard of living
B) quality of life
C) self-actualization
D) contentment

Answer 1

B

Question 2

ABC company has been exploring for gold in the Democratic Republic of Congo based on a very promising sample size.The infrastructure is very poor there and they have to fly all their workers in to remote parts of the jungle to explore for gold.If they discover a large deposit,it will be very lucrative for the company but there is a high probability that the sample could be from an area that has very little gold.
What is the term to describe their potential for losing time and money on this project?

A) risk
B) capital loss
C) asset right off
D) liability

Answer 2

A

Question 3

In which area of society do not-for-profit organizations play a critical role?

A) the media
B) the community
C) the stock market
D) the government

Answer 3

B

Question 4

Not-for-profit organizations are measured by different standards than for-profit businesses.Who is responsible for regulating these organizations?

A) their customers
B) their vendors
C) their suppliers
D) the government

Question 5

Which term refers to the products and goods available to a population for a period of time?

A) economic growth
B) entrepreneurship
C) quality of life
D) standard of living

Question 6

Which of the following does the provincial government have authority over?

A) criminal law
B) health care
C) trade regulation
D) defence

Question 7

Types of not-for-profit organizations include which of the following?

A) book stores
B) museums
C) movie theatres
D) hockey rinks

Question 8

Who do not-for-profit organizations work hand-in-hand with?

A) churches
B) investment banks
C) businesses
D) universities

Question 9

Which of the following terms best describes an organization that provides goods and services in an effort to earn a profit?

A) a not-for-profit
B) the government
C) a charity
D) a business

Question 10

Which of the following does the federal government have authority over?

A) defence
B) education
C) health care
D) garbage

Question 11

Which of the following does the provincial government have authority over?

A) roads
B) education
C) trade regulation
D) employment insurance

Question 12

Which of the following best describes the situation when expenses are lower than revenue for a business?

A) risk
B) profit
C) surplus
D) loss

Question 13

What are the three levels of government in Canada?

A) federal, provincial, municipal
B) federal, state, city
C) country, province, city
D) country, province, municipality

Question 14

What do Uno's Pizzeria and LensCrafters have in common?

A) Their products are examples of intermediate goods.
B) Their products are a mix of goods and services.
C) They offer pure goods.
D) They provide pure services.

Question 15

Which of the following does the federal government have authority over?

A) roads
B) education
C) health care
D) employment insurance

Question 16

What are not-for-profit organizations commonly known for supporting?

A) politicians
B) community service
C) companies
D) sports teams

Question 17

Body soap,a box of rice,and olive oil are examples of what?

A) goods
B) services
C) convenience products
D) actual products

Question 18

Which of the following is one of the criteria used to measure quality of life?

A) political stability and security
B) GDP
C) unemployment
D) level of democracy

Question 19

What do gasoline for a car,ketchup for french fries,and a lady's scarf have in common?

A) They are services.
B) They are goods.
C) They are "mixed message" products.
D) They are all in the growth stage of their product life cycle.

Question 20

Which of the following does the federal government have authority over?

A) health care
B) education
C) criminal law
D) roads

Question 21

The federal government of Canada collects money from all the provinces and then redistributes money from rich provinces to poorer ones.Alberta is making a lot of money right now due to the increased production in the Athabasca Tar Sands and the high price of oil.Some of the tax money is going from Alberta to Quebec via the federal government.What is the term to describe this?

A) redistribution payments
B) transfer payments
C) transfer assistance
D) rebalancing resource wealth

Question 22

Who owns the copyright of a cartoon character created by an employee of a company as part of their normal job responsibilities?

A) the employee who created the cartoon character
B) the employer of the cartoon character's creator
C) all of the employees that worked on the cartoon character
D) the union that represents the employee

Question 23

Jack runs a road construction company.He builds roads into peoples cottages in Ontario.This is only a small portion of his business though as there are few cottagers that can afford to build a private road.Who then would George rely on for most of his revenues?

A) corporations
B) individuals
C) government
D) not-for-profits

Question 24

The judgment handed out in civil court typically entails which of the following?

A) only imprisonment
B) compensation for injury
C) public reprimands
D) a combination of fines and imprisonment

Question 25

A private wrong that results in physical or mental harm to an individual or results in damage to that person's property is referred to as which of the following?

A) tort
B) punitive judgment
C) felony
D) misdemeanour

Question 26

Which of the following government agencies enforces the laws regulating unfair competition? 

A) Business Practices Bureau
B) Fair Trade Agency
C) Competition Bureau
D) Anti-Monopoly Bureau

Question 27

What is the name of one of the specific programs used to equalize the wealth across the country?

A) Canada Equalization Transfer
B) Canada Social Transfer
C) Canada Education Transfer
D) Canadian Province Balance

Question 28

Bylaws are controlled by which level of government?

A) federal
B) provincial
C) municipal
D) community

Question 29

Which of the following does the municipal government have authority over?

A) health care
B) sewers
C) education
D) trade

Question 30

The intent of a patent is to do which of the following?

A) increase competition in the marketplace
B) reward innovation and hard work of inventors
C) slow the growth of monopolies
D) encourage copycat inventions

Question 31

The Nike Swoosh and the Golden Arches of McDonald's are protected by which of the following?

A) trademark
B) patent
C) copyright
D) commercially protected symbol

Question 32

Who is responsible for ensuring that public resources have been properly allocated?

A) the government tax department
B) the police
C) the government auditor
D) the government accountants

Question 33

George is a maple syrup farmer in Northern Ontario.As there are a lot of other maple syrup farmers in Canada the market is saturated.George wants to sell his maple syrup internationally but does not know how to go about it.He hears that the government will assist Canadian companies looking to export.Which level of government will assist George?

A) federal
B) provincial
C) municipal
D) city

Question 34

Labour laws are controlled by which level of government?

A) federal
B) provincial
C) municipal
D) community

Question 35

Which jurisdiction has the responsibility for education?

A) federal
B) provincial
C) municipal
D) community

Question 36

A patent gives inventors exclusive rights to their inventions for how long? 

A) 20 months
B) 17 years
C) 20 years
D) the lifetime of the inventor plus 50 years

Question 37

Rio Bravo Theme Park is known for its variety of roller coasters.Recently,it was reported that two cars on the Macho Nacho roller coaster left the tracks,resulting in serious injuries to four riders.These riders are suing the theme park for damages,claiming that the maintenance procedures for the coasters were carelessly performed by the park's staff.When hearing the lawsuits,the courts will seek to determine whether Rio Bravo Theme park could be which of the following?

A) guilty of a felony
B) liable for a breach of contract
C) guilty of a misdemeanour
D) liable for an unintentional tort

Question 38

To stimulate competition and protect both consumers and workers,what does the federal government do?

A) It places heavy taxes on companies in monopolistic competition.
B) It creates business systems to meet the needs of all consumers.
C) It creates regulations to intervene in the free market.
D) It places limits on international trade in order to stimulate domestic production.

Question 39

Which of the following protects the original work of authors and artists (e.g.,their books,photos,or cartoons)?

A) trademark
B) copyright
C) the uniform commercial code
D) patent

Question 40

Which of the following does the municipal government have authority over?

A) education
B) water
C) trade regulation
D) health care

Question 41

Which province is the only one where there is no sales tax?

A) Ontario
B) British Columbia
C) Quebec
D) Alberta

Question 42

This position is responsible for a provincial department's day-to-day operations?

A) Minister
B) Deputy Minister
C) Assistant Minister
D) Head Minister

Question 43

What term is used to describe the value which property taxes are based on?

A) assessed value
B) fair value
C) market value
D) determined value

Question 44

The warranty you receive in the box with your new DVD is which of the following?

A) implied warranty
B) express warranty
C) uniform warranty
D) commercial warranty

Question 45

What are taxes sometimes seen as?

A) the price we pay to live in this country
B) a necessary evil
C) a civic duty
D) a waste of money

Question 46

What type of income taxes do businesses pay?

A) progressive
B) flat
C) regressive
D) incremental

Question 47

The Government of Canada's primary training provider for Foreign Service is which of the following?

A) Canadian Foreign Service Institute
B) Canadian Armed Forces
C) United Nations
D) Canadian School for Foreign Service

Question 48

What is Canada doing to deal with our lack of skilled workers?

A) creating a program to attract skilled immigrants
B) investing money in colleges
C) giving companies tax breaks for more training
D) giving scholarships for the skilled trade programs

Question 49

Which of the following guarantees that the product you buy will conform to the customary standards of the trade/industry? 

A) implied warranty
B) express warranty
C) uniform warranty
D) commercial warranty

Question 50

A warranty guarantees which of the following?

A) The seller will replace or repair the product at no charge if the customer finds a cheaper substitute.
B) The buyer has read and understood the information provided in the owners' manual.
C) Consumers will have access to a customer complaint resolution hot line.
D) The product sold will be acceptable for the purpose for which the buyer intends to use it.

Question 51

The social movement designed to increase and strengthen the rights and powers of buyers in business transactions is called which of the following?

A) environmentalism
B) capitalism
C) socialism
D) consumerism

Question 52

Under the doctrine of strict product liability,a manufacturer can be held liable under which of the following conditions?

A) for any injury or damage caused by products that do not meet industry standards
B) only if the company knowingly sold a hazardous product
C) only if the company purposefully was negligent in the design or production of the product
D) only if the company intentionally introduced a defective product

Question 53

The Competition Act aims to ensure which of the following? 

A) no mergers of large corporations that restrict competition
B) there is discriminatory pricing
C) there are no monopolies
D) competition is not cut-throat

Question 54

Warren Tee was injured using a hair dryer manufactured by the Whoopee Electrical Products Company.Warren has contacted a lawyer because he feels that Whoopee is responsible for his injury based on the legal principle of which of the following?

A) restricted endorsement
B) fault free obligations
C) patent infringement
D) strict liability

Question 55

Which of the following holds a company liable for damages caused by a defective product even if the company was unaware of the defect at the time of sale?

A) network responsibility
B) managerial liability
C) patent infringement
D) strict product liability

Question 56

What does The Code of Conduct for Procurement try to ensure for both public servants and vendors?

A) more transparency
B) more taxes
C) more bidders
D) more competition

Question 57

What are the four main types of taxes other than income taxes?

A) gas, alcohol, sales and property
B) excise, property, sales and alcohol
C) property, payroll, sales and excise
D) property, payroll, sales and GST

Question 58

Which of the following holds a company responsible for negligence in the production,design,sale,or use of products the company markets?

A) breach of contract
B) price discrimination
C) unintentional harm responsibility
D) product liability

Question 59

Progressive income taxes can be best described as which of the following?

A) everyone pays the same tax rate percentage
B) tax rates increase as income increases
C) tax rates decline as income increases
D) the rich get more tax breaks

Question 60

What does Sustainable Development Technology Canada provide money for?

A) creating technology to deal with climate change issues
B) developing technology to sustain our food supply
C) trying and creating new startup companies
D) advancing Canada's research programs across the country

Question 61

One characteristic of all not-for-profit organizations is that they do not earn any revenue.

Question 62

The provincial governments are responsible for banking,criminal law,and employment insurance.

Question 63

A group of concerned community leaders formed Homeless Help,a not-for-profit organization providing shelter for homeless individuals.Aside from the fact that it doesn't seek a profit,Homeless Help is likely to operate much like a regular business in many respects.

Question 64

When businesses create more goods and services,their activities increase the standard of living,but have no impact on the quality of life.

Question 65

Businesses focus on consumer needs by providing goods and services.

Question 66

The standard of living reflects the output of goods and services available to a nation's population.

Question 67

Businesses are primarily focused on creating profits by offering products and services desired by the consumer.

Question 68

The federal government provides significant financial support to the provinces and territories in the form of transfer payments.

Question 69

The Nike Swoosh and the McDonald's Golden Arches are examples of corporate trademarks. 

Question 70

Municipalities use bylaws to regulate how businesses operate.

Question 71

Government taxation policies,called fiscal policy,have a certain flexibility.In times of a weak economy,taxes may be lowered temporarily to stimulate the economy. 

Question 72

A car wash is an example of a pure service.

Question 73

A patent gives inventors exclusive rights to their inventions for 20 years. 

Question 74

Congratulations! You've just finished composing a song that will be the next big hit.You're next step is to apply for a patent through the Canadian Intellectual Property Office. 

Question 75

A trademark gives exclusive legal protection to a name,symbol,or design that distinguishes the goods or services of one seller from those of competitors. 

Question 76

Consumerism is a social movement that seeks to increase and strengthen the rights and powers of buyers in transactions with businesses.

Question 77

The recording industry's legal action against individuals who download music without paying involves the infringement of a copyright. 

Question 78

Many products combine elements of both goods and services.

Question 79

"Quality of life" is a narrow measure of social welfare that is based exclusively on the quantity and quality of goods and services produced by a society.

Question 80

A tort is a private wrong that results in physical or mental harm to an individual or damage to that person's property.