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Question : Which of the following is an example of a legal environment?

Option 1: Death/Birth Ratio

Option 2: Trade Union Act

Option 3: Prevailing Political System

Option 4: Public Debt


Team Careers360 9th Jan, 2024
Answer (1)
Team Careers360 14th Jan, 2024

Correct Answer: Trade Union Act


Solution :

The laws and regulations enacted by the government, such as the Trade Union Act and the Companies Act, comprise the legal environment. Business operations are governed and impacted by the laws, rules, and legal principles that make up the legal environment of business. Hence, the trade union is an example of a legal environment.

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