The Restrictions That State and Federal Laws Place on Business

question 242

Multiple Choice

The restrictions that state and federal laws place on business with regard to the conduct of its activities are referred to as

• A)jurisprudence.
• B)competitive constrains.
• C)barriers to entry.
• D)restraints of trade.
• E)regulation.

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Definitions:

Sale of Goods Act

Legislation governing the sale of goods, including provisions on the formation of contracts, descriptions of goods, quality, and return policies.

Organically Grown

Refers to food produced without the use of synthetic pesticides, fertilizers, and other non-natural methods.

Sale of Goods Act

Legislation governing the sale of goods that outlines the rights and obligations of the buyer and seller.

Writing Requirements

Legal stipulations that certain types of contracts or agreements must be in writing to be enforceable.