Which of the Following Was Not One of the Objectives

question 17

Multiple Choice

Which of the following was not one of the objectives of the Corporate Law Economic Reform Program (CLERP) ?

• A) To make access to capital easier for small business.
• B) To make access to capital easier for large business.
• C) To improve takeover legislation.
• D) To facilitate the more widespread use of electronic commerce.

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Definitions:

Fast Food

A type of mass-produced food designed for commercial resale and with a strong priority placed on "speed of service" versus other relevant factors involved in culinary science.

Price Floor

A government or group-imposed price control or limit on how low a price can be charged for a product.

Equilibrium

A situation in a market where the quantity demanded equals the quantity supplied, leading to a stable price.

Surplus

The excess of a good or service that occurs when the quantity supplied exceeds the quantity demanded; surpluses occur when the price is above the equilibrium price.