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17. why do businesses need lawyers? a. to avoid rules b. to understand …

Question

  1. why do businesses need lawyers?

a. to avoid rules
b. to understand and follow laws
c. to make laws
d. to run advertisements

  1. which is a consequence of breaking business laws?

a. increased trust
b. legal penalties
c. more customers
d. higher profits

  1. laws help businesses by:

a. creating chaos
b. establishing fairness
c. eliminating competition
d. reducing responsibility

  1. which best describes the role of the legal system in business?

a. to shut businesses down
b. to regulate and protect
c. to increase prices
d. to remove competition
part iv – laptop research assignment
business law in real life: legal case or celebrity
using your laptop, research one of the following:

  • a business - related lawsuit (nike, mcdonald’s, amazon, apple, tesla)
  • a business celebrity involved in legal issues (jay - z, elon musk, rihanna, oprah winfrey)
  • a government agency case (ftc, osha, eeoc)

answer the questions below:

  1. case or person name:
  2. provide a summary of the case details:

Explanation:

Response
Question 17
Brief Explanations

Businesses need lawyers to help them understand and follow laws (not avoid, make laws, or run ads). So option B is correct.

Brief Explanations

Breaking business laws leads to legal penalties (not increased trust, more customers, or higher profits). So option B is correct.

Brief Explanations

Laws help businesses by establishing fairness (not creating chaos, eliminating competition, or reducing responsibility). So option B is correct.

Answer:

B. To understand and follow laws

Question 18