That statement is false.
It is true that United States adopt a free market system which allow organisations to fully compete and determine the outcome of supply and demand.
That is being said, Business law and Government regulations are still considered to be an important aspects in businesses because it creates a standard rule for fair competition.
Answer:
Invalid and insufficient reasoning
Explanation:
This can also be referred to as fallacious reasoning if the reasoning is false claims.
Answer:The functionalist perspective
Explanation:The functionalist perspective looks at society as a system that is built up by number of social structures which are responsible for promoting solidarity and stability.
It considers macro level orientation of the society by focusing on these structures such as religious institutions. It considers that such Institution can play a huge role in creating stability as people engage in certain moral standards promoted by such Institution.
