Which of the Following Is NOT Considered an Element of the Legal

question 72

Multiple Choice

Which of the following is NOT considered an element of the legal environment?

• A) public policies
• B) general economic conditions
• C) laws
• D) government agencies
• E) pressure groups

Acknowledge the personal responsibility in building and maintaining career readiness in changing times.

Identify strategies for enhancing career success and avoiding pitfalls in times of change.

Understand the distinction between different types of groups and teams within organizations.

Recognize the common problems encountered by teams and strategies to overcome them.

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Definitions:

FOB Shipping Point

is a term used in shipping, where the buyer becomes responsible for goods once they are shipped, and must pay for the transport costs.

Credit Memo

A document issued by a seller to a buyer, reducing the amount the buyer owes to the seller under previous transactions, often due to a return or refund.

Perpetual Inventory System

A technique in inventory management accounting that captures sales or purchases right away using computerized systems for point-of-sale and software for enterprise asset management.

Credit Card Fees

Credit card fees are charges levied by credit card companies for the processing of transactions, maintenance of accounts, or penalties for late payments.