An Important Requirement of Many Laws and Regulations Governing Products

question 54

Multiple Choice

An important requirement of many laws and regulations governing products and services is ______.

• A)that companies deliver value for the consumer
• B)that companies meet certain quality standards
• C)that companies deliver products and services at low prices
• D)that companies deliver products and services within a short time of being ordered

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Definitions:

Multicultural

Pertaining to, or representing several different cultures or cultural elements, highlighting diversity and inclusion.

Social Action

Acts and behaviors intended to bring about change in societal norms, policies, or structures, often driven by collective or individual efforts.

Reducing Inequality

Reducing Inequality involves measures and actions aimed at decreasing the economic and social disparities between different populations or groups within society.

Gross Income

The total amount of money made in one year by a person, household, or family unit. Also known as money income at the Census Bureau.