Which of the following is a trend that works in the legal environment to constrain business behavior?
A) Laws and regulations steadily decline in number and complexity.
B) Legal duties to protect the rights of stakeholders have lessened.
C) Globalization has decreased the complexity of the legal environment by shielding corporations from the laws of foreign nations.
D) Although requirements of ethical behavior and corporate social responsibility go beyond legal duty,they are continuously encoded into law.

Question

Quizplus · Accepted Answer

The trend that works in the legal environment to constrain business behavior is that ethical behavior and corporate social responsibility are continuously encoded into law, going beyond legal duty. This means that businesses are not only required to comply with legal duties but also meet ethical standards and socially responsible behavior, which puts more constraints on their behavior. Option A is incorrect because laws and regulations are increasing in number and complexity. Option B is incorrect because legal duties to protect the rights of stakeholders have increased over time, not lessened. Option C is incorrect because globalization has increased the complexity of the legal environment as corporations have to comply with the laws of different nations.

Which of the Following Is a Trend That Works in the Legal