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Why should an entrepreneur follow laws and rules?

Answer and explanation

Correct answer: To run the business safely, responsibly, and properly

Laws and regulations establish basic requirements for areas such as contracts, taxation, employment, consumer protection, safety, and the environment. Compliance helps an entrepreneur operate legitimately, protect stakeholders, reduce penalties and disputes, and maintain public trust. Following the law does not guarantee that every business decision will succeed, but it is a necessary part of responsible business conduct. Hence, option A is correct.

Related tags

LawComplianceBusiness-ResponsibilityBusiness EthicsSocial Responsibilities Of Business And Business EthicsBusiness StudiesClass 11 Mcq

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