Which of the following is NOT an objective of business law?
A) protection of business ideas and tangible property
B) ensuring losses are borne by those who cause them
C) imposition of fines on those who breach contracts
D) facilitating planning by ensuring compliance with commitments

Question

Quizplus · Accepted Answer

Business law aims to protect business ideas and tangible property, ensure losses are borne by those responsible, and facilitate planning through compliance with commitments. However, the imposition of fines for contract breaches is generally a matter for the courts or specific regulatory bodies rather than an objective of business law itself. Business law primarily focuses on creating a framework for businesses to operate within, rather than punishing breaches with fines.

Which of the Following Is NOT an Objective of Business