Lesson 3.17.1

3.17.1 Legal factors Quiz: OCR Business, Unit 3

20 questions

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Lesson 3.17.1, Legal factors: 20 multiple choice questions for the OCR Business (H431), Unit 3: External influences, written with Revision Ninja.

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The 20 questions

  1. What type of legal protection prevents competitors from copying a business's brand name and logo?

    • Copyright
    • Registered design
    • Patent
    • Trademark
  2. Which law ensures employees receive equal pay for equal work of equal value in the UK?

    • Consumer Rights Act
    • Data Protection Act
    • Employment Rights Act
    • Equality Act
  3. What is the primary purpose of the Health and Safety at Work Act for businesses?

    • Protect workplace safety
    • Prevent trade monopolies
    • Enforce minimum wage
    • Protect consumer rights
  4. A firm accidentally leaks customer personal details online. Which law has been breached by this firm?

    • Financial Conduct Act
    • Data Protection Act
    • Copyright Act
    • Consumer Rights Act
  5. What legal document creates a legally binding agreement between a buyer and a seller?

    • Contract
    • Patent
    • Articles of Association
    • Trademark
  6. Which UK regulator oversees fair conduct and competition within financial services markets?

    • Financial Conduct Authority
    • Competition Markets Authority
    • Health Safety Executive
    • Environment Agency
  7. Which intellectual property right protects original technical inventions and manufacturing processes?

    • Patent
    • Trade secret
    • Copyright
    • Trademark
  8. A business plans to build a large factory extension. Which approval must it secure first?

    • Financial authorisation
    • Health clearance
    • Environmental audit
    • Planning permission
  9. What is a major financial risk for a sole trader who breaches a legal contract?

    • Unlimited liability
    • Higher corporation tax
    • Loss of patent
    • Limited liability
  10. Under the Consumer Rights Act, goods sold by a business must be of what standard?

    • Average quality
    • Luxury quality
    • Satisfactory quality
    • Premium quality
  11. What is the primary objective of environmental legislation imposed on commercial businesses?

    • Increase profit margins
    • Protect intellectual property
    • Reduce pollution
    • Reduce tax burden
  12. A business installs expensive safety guards on machinery. What business objective might this conflict with?

    • Customer satisfaction
    • Product quality improvement
    • Brand recognition
    • Short-term profit maximisation
  13. What formal financial penalty can regulatory authorities impose on non-compliant businesses?

    • Subsidy withdrawal
    • Higher dividend
    • Heavy fine
    • Tax refund
  14. Which legal rights protect employees against unfair dismissal after completing required service?

    • Employment rights
    • Consumer rights
    • Financial conduct
    • Planning regulations
  15. Which legal document sets out the internal management rules of a limited company?

    • Certificate of Incorporation
    • Trading Licence
    • Partnership Deed
    • Articles of Association
  16. Which intellectual property protection automatically applies to original written or artistic work?

    • Patent
    • Registered design
    • Trademark
    • Copyright
  17. A factory illegally dumps industrial waste into a river. Which agency enforces compliance?

    • Financial Conduct Authority
    • Environment Agency
    • Trading Standards
    • Health Safety Executive
  18. How does full legal compliance most directly benefit a firm's long-term corporate reputation?

    • Eliminates all risk
    • Builds stakeholder trust
    • Reduces corporation tax
    • Guarantees monopoly power
  19. Which legal document outlines the profit distribution and responsibilities among partners?

    • Employment Contract
    • Deed of Partnership
    • Memorandum of Association
    • Articles of Association
  20. What severe criminal consequence can company directors face for egregious safety violations?

    • Loss of copyright
    • Compulsory takeover
    • Higher interest rates
    • Imprisonment

All OCR Business quizzes