Which of the Following Is Most Likely True About Business

question 84

Multiple Choice

Which of the following is most likely true about business legislation?

• A) Business laws are enforced only in international markets and not in local markets.
• B) Business laws fail to prevent unfair competition among the different companies in a market and tend to encourage monopolies.
• C) Business laws usually remain constant over time.
• D) Local, national, and state business laws rarely overlap with one another.
• E) Business laws that are enforced by government agencies have a major impact on a company's marketing performance.

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Definitions:

Venn Diagram

A diagram using overlapping circles to illustrate the logical relationships between sets or groups and their respective elements.

Traditional View

A perspective or belief that adheres to long-established practices or interpretations.

Syllogism Validity

The measure of whether a deductive argument is logically sound, where the conclusion necessarily follows from the premises.

Traditional View

The traditional view often refers to the long-established or conventional perspective on a subject.