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Relationship btw law and business admin
Every day, business must deal with rules and decisions of state and federal administrative agencies. [ Informally, such rules are often called regulations, and they differ (only in their source) from laws passed by Congress and signed into law by the president. The rules created by agencies are voluminous: thousands of new regulations pour forth each year. The overarching question of whether there is too much regulation—or the wrong kind of regulation—of our economic activities is an important one but well beyond the scope of this chapter, in which we offer an overview of the purpose of
administrative agencies, their structure, and their impact on business. ]
Expert answered|kaysha|Points 5157|
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Asked 1/31/2013 7:49:42 AM
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