Which of the Following Is an Example of Informal Regulations

question 22

Multiple Choice

Which of the following is an example of informal regulations with respect to a firm's social context?

• A)Contracting
• B)Employment practices
• C)Pricing
• D)Entry-deterring behaviors
• E)Cultural norms

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Definitions:

Establishment Clause

A provision in the First Amendment of the U.S. Constitution that prohibits the government from establishing an official religion.

Free Exercise Clause

A provision in the First Amendment of the U.S. Constitution that guarantees citizens the right to practice any religion or none at all without government interference.

Establishment Clause

A clause within the First Amendment of the U.S. Constitution that prevents the government from setting up a state religion or unfairly preferring one religion to others.

Wall of Separation

A principle derived from the First Amendment to the United States Constitution, emphasizing the division between church and state to prevent government involvement in religious affairs.