Laws and Regulations Change Over Time; However, in the United

question 7

Multiple Choice

Laws and regulations change over time; however, in the United States the thrust of most business legislation can be summed up as

• A)any practice is permitted.
• B)any practice is permitted that does not substantially reduce competition and harm consumers or society.
• C)any practice is permitted that does not substantially harm consumers or society, but this applies only within the United States.
• D)any practice is permitted that does not harm the environment.
• E)any practice is permitted that does not break the law.