When We Say That the Law Is Part of Every

question 34

Multiple Choice

When we say that the law is part of every facet of business,we mean that

• A)it is central to business interaction with customers,suppliers,competitors,and government.
• B)business cannot succeed without understanding the law.
• C)it outlines what we do,how to do it,and what not to do.
• D)the failure of businesses to comply with the law may result in criminal,regulatory,and/or civil liability.
• E)all of the above

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Definitions:

Structures Of Power

The organized systems and frameworks through which authority and control are exercised in a society.

Definitions Of Democracy

A system of government where power is vested in the people, who rule either directly or through freely elected representatives.

American Thought

The diverse set of ideas, philosophies, and cultural norms that have shaped the social and political life in the United States.

Expanded Political Knowledge

An increase in understanding and awareness of political processes, systems, and issues among the general population.