New York Still Follows the

question 2

Multiple Choice

New York still follows the

• A) Model Code of Professional Responsibility.
• B) Ethical Considerations.
• C) Model Rules of Professional Conduct.
• D) Disciplinary Rules.

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Definitions:

Industry Being Regulated

Refers to sectors or industries that are subject to governmental oversight and control to ensure safety, fairness, and compliance with laws.

Excessive Regulations

Refers to a situation where government rules and regulations become overly burdensome, often hindering business operations and innovation.

Regulatory Capture

A form of government failure that occurs when a regulatory agency becomes dominated by the interests of the industries it is charged with regulating.

Government Officials

Individuals appointed or elected to conduct governance activities and enact policies for the public's benefit.