What Are the Two Purposes of the Laws Governing American

question 25

Essay

What are the two purposes of the laws governing American business? Describe how at least two regulatory agencies fulfill these purposes.

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Definitions:

Triadic Reciprocal Model

A theory proposed by Albert Bandura that human behavior is determined by the interaction between personal factors, behavior, and the environment.

Behavior

Actions or reactions of an individual or group in response to external or internal stimuli.

Distinctiveness

The quality of being noticeably different or unique compared to others.

Consensus

A general agreement among the members of a group or a decision-making process where all participants support or accept the decision made.