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July 26, 2022

Which President of the U.S. signed the Revenue Act of 1862 that created Federal Income Taxes?

Answer: Abraham LincolnĀ 

Visit this site to learn more:

https://www.irs.gov/newsroom/historical-highlights-of-the-irs

 

 

 

Which category does the U.S. Government collect most of its revenue from?

Answer: Individual Income Taxes

Visit these sites to learn more:

https://datalab.usaspending.gov/americas-finance-guide/revenue/categories/

https://www.pgpf.org/finding-solutions/understanding-the-budget/revenues

 

 

What was the first patented invention by George Eastman that was the foundation of the Eastman-Kodak business?

Answer: First practical roll form film camera

Visit these sites to learn more:

https://www.eastman.org/camera-obscura-revolutionary-kodak

https://americanhistory.si.edu/collections/search/object/nmah_760118

 

Who was the first U.S. President to be a lawyer?

Answer: John Adams

Visit these sites to learn more:

https://www.whitehouse.gov/about-the-white-house/presidents/john-adams/

https://www.history.com/topics/us-presidents/john-adams

 

 

 

As of 7/5/22 we have switched Trivia Thursday posts to Trivia Tuesday!

 

How many states have no income tax?

Answer: 9

Visit these sites to learn more:

https://www.forbes.com/advisor/taxes/states-with-no-income-tax/

https://www.cnbc.com/select/states-with-no-income-tax/

https://www.aarp.org/money/taxes/info-2020/states-without-an-income-tax/

 

In what year did the Supreme Court increase to the present total of nine Justices?

Answer: 1896

Visit this site to learn more:

https://www.supremecourt.gov/about/institution.aspx

 

 

You can get a trademark registered for a sound.

Answer: TRUE

Visit these sites to learn more:

https://tmep.uspto.gov/RDMS/TMEP/Oct2012#/Oct2012/TMEP-1200d1e2927.html

https://www.uspto.gov/trademarks/soundmarks/trademark-sound-mark-examples

 

What year was the American Bar Association founded?

Answer: C! 1878

See the full American Bar Association timeline of events here:

https://www.americanbar.org/about_the_aba/timeline/

 

 

 

 

Who said that the Patent Laws “…added the fuel of interest to the fire of genius, in the discovery and production of new and useful things”?

Answer: Abraham Lincoln

Read his full speech here: http://www.abrahamlincolnonline.org/lincoln/speeches/discoveries.htm

 

 

 

Can you trademark a color?

Answer: YES

Some examples include: Tiffany blue, Caterpillar Inc. yellow, T-Mobile magenta, and Owens & Corning pink.

Visit this site to learn more:

https://tmep.uspto.gov/RDMS/TMEP/current#/current/TMEP-1200d1e1975.html

 

Intellectual Property includes…

Answer: All of the above

Visit this site to learn more:

https://www.wto.org/english/tratop_e/trips_e/intel1_e.htm

 

 

 

 

Tax Day has always in April.

Answer: FALSE

Originally, Congress set March 1st to be tax day with the passage of the 16th Amendment.

Visit this site to learn more:

https://guides.loc.gov/this-month-in-business-history/april/tax-day

 

 

Who was the U.S. President that nominated the most Justices to the U.S. Supreme court (excluding George Washington)?

Answer: Franklin D. Roosevelt

Visit these sites to learn more:

https://fdr.blogs.archives.gov/2016/02/23/fdr-and-the-supreme-court-a-lasting-legacy/

https://www.supremecourt.gov/about/institution.aspx

 

 

Which of the following is NOT provided by the Fair Labor Standards Act?

Answer: Required overtime for weekend hours

Visit this site to learn more:

https://www.dol.gov/agencies/whd/flsa

 

 

 

A trademark can last indefinitely.

Answer: TRUE

Visit this site to learn more:

https://www.uspto.gov/trademarks/maintain/keeping-your-registration-alive

 

 

 

 

Which celebrated decision in this case gave the Supreme Court Judicial Review?

Answer: Marbury v. Madison

Visit these sites to learn more:

https://www.loc.gov/rr/program//bib/ourdocs/marbury

https://www.oyez.org/cases/1789-1850/5us137

 

 

 

Which U.S. President also served as Chief Justice?

Answer: Howard Taft

Visit these sites to learn more:

https://constitutioncenter.org/blog/william-howard-tafts-truly-historic-double-double

https://www.smithsonianmag.com/history/chief-justice-not-president-was-william-howard-tafts-dream-job-180961279/

https://www.nps.gov/people/william-howard-taft.htm

 

The Ā® next to a brand name:

Answer: Indicates a Registered Trademark

Visit these sites to learn more:

https://www.uspto.gov/trademarks/basics/trademark-patent-copyright

https://www.uspto.gov/trademarks/basics/trademark-process

 

 

 

Lex talionis is the legal concept of…

Answer: The law of retaliation

Visit this site to learn more:

Oxford Reference – Lex Talionis

 

 

 

If defamation is oral, it is called ___.

Answer: Slander

Visit this site to learn more:

https://openscholarship.wustl.edu/cgi/viewcontent.cgi?article=2155&context=law_lawreview

 

 

 

 

In TN, product liability actions from a physical injury must be brought within how many years?

Answer: 1 year

Visit this site to learn more:

https://www.enjuris.com/tennessee/defective-product-lawsuit

 

 

 

 

 

What word did Alexander Hamilton misspell in the U.S. Constitution?

Answer: Pennsylvania

Visit these sites to learn more:

https://www.pennlive.com/opinion/2015/09/us_constitution_fun_facts.html

https://www.pbs.org/wgbh/americanexperience/features/duel-hamilton-and-us-constitution/

 

 

Which of the following is the federal law which prohibits discrimination based upon age?

Answer: Age Discrimination in Employment Act

Visit these sites to learn more:

https://www.eeoc.gov/statutes/age-discrimination-employment-act-1967

https://www.eeoc.gov/age-discrimination

 

 

 

What is the tax exemption amount for simple trusts?

Answer: $300

Visit these sites to learn more:

https://www.law.cornell.edu/cfr/text/26/1.642(b)-1

https://www.irs.gov/pub/irs-utl/overview_of_fiduciary_income_taxation.pdf