Which of the Following Is True About the Regulatory Approach

question 48

Multiple Choice

Which of the following is true about the regulatory approach to environmental challenges?

• A)It overestimates the influence that business can have on establishing the law.
• B)The government established regulatory standards to offer compensation after the occurrence of pollution or any other environmental harm.
• C)It shifted the burden from those threatened with harm to those who would cause the harm.
• D)This approach ensures that business does not pursue any financial opportunities that cause harm to the environment.

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Definitions:

Serial Bonds

Bonds that mature at different dates, allowing the issuer to spread out the repayment over time.