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Why should an entrepreneur follow legal rules?

Answer and explanation

Correct answer: To keep the business safe and lawful

Legal rules establish the required standards for operating a business, such as proper registration, taxation, safety, employment, and consumer protection. Following them helps the entrepreneur maintain lawful operations, protect stakeholders, and reduce the possibility of penalties, disputes, or closure. Thus, option A is correct. Seeking punishment, frightening customers, or avoiding receipts represents non-compliance, not responsible entrepreneurship.

Related tags

Legal-ComplianceBusiness-LawEthicsBusiness EthicsSocial Responsibilities Of Business And Business EthicsBusiness StudiesClass 11 Mcq

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