Question

True or false: Firms should obey all the laws, including but not limited to labor, consumer protection, and the environment. True false question. True False

Answer 1

The statement about the firms should obey all the laws is:

• True

Law Enforcement

Everyone of the firms should obey all the laws of a nation, protecting in this way their employees (labor law), their consumers (consumer protection) and the environment.

Otherwise, the law can impose sanctions due to the company is not complying with the rules applied to each one of the enterprises in a national territory.

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Answer 2

This statement on the laws that firms should obey that incudes labor and consumer protection laws is True.

What Laws should companies follow?

• Companies should follow all laws in a nation.
• They should especially follow those that relate to them such as labor and consumer protection laws.

The laws of a nation are for everyone in that nation including companies. Unless a law states that companies can be exempted, they are bound by all laws.

In conclusion, this is true.

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