Which of the Following Is a Distinguishing Characteristic of the Influence

question 21

Multiple Choice

Which of the following is a distinguishing characteristic of the influence of law on the business environment?

• A) The influence of law does not have to be exacting and literal.
• B) The influence of law demands strict, literal enforcement.
• C) The influence of law requires litigation of all disputes.
• D) The influence of law creates rules of procedure for planning.

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Definitions:

Nullification Crisis

A political crisis during Andrew Jackson's presidency involving a confrontation between South Carolina and the federal government over the state's attempt to nullify federal tariffs.

Historical Significance

The importance assigned to an event, object, or person in history due to its impact or influence on the present or future.

Bank War

Refers to the political struggle in the early 1830s between U.S. President Andrew Jackson and the supporters of the Second Bank of the United States.

Historical Significance

The importance of an event, person, or place in history due to its impact on subsequent events or its symbolic value.