An Intended Effect of Business Legislation Is to _____________________

question 59

Multiple Choice

An intended effect of business legislation is to _____________________.

• A)restrict fair competition in the market
• B)encourage unbridled business behavior
• C)reduce the social cost of producing a particular commodity
• D)expose consumers to unfair trade practices
• E)protect companies from unfair competition

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Definitions:

Park Funding

Financial resources allocated for the maintenance, operation, or development of public parks and recreational areas.

Taxpayers

Individuals or entities that are subject to pay taxes to a governing body in accordance with the law, based on income or transactions.

Visitors

Individuals or groups that are visiting a place for leisure, business, or other purposes but do not reside there.

Endangered Species Act

A U.S. law aimed at protecting species threatened with extinction and their habitats.