Update

Muft Shiksha™ एक 100% Free Education Portal है 🇮🇳, जिसका उद्देश्य Class 9–12 के हर विद्यार्थी तक High-Quality Education को पूरी तरह मुफ्त पहुँचाना है। 🇮🇳 हम मानते हैं कि अच्छी शिक्षा किसी student की आर्थिक स्थिति पर निर्भर नहीं होनी चाहिए। 🇮🇳 हर विद्यार्थी को वही Quality Study Material, MCQs, Quizzes, Exam Preparation, Concept-Based Learning और Bilingual Support मिलना चाहिए, जो आमतौर पर महंगी Coaching या Premium Platforms में मिलता है। Muft Shiksha™ 🇮🇳 इसी सोच के साथ बनाया गया है

Subjects
0 reads0 ratings0 helpful

Which of the following is a legal component of business environment?

Answer and explanation

Correct answer: New consumer law

The governing concept is that the legal environment consists of laws, rules, regulations, court decisions and government notifications that influence business activities. A new consumer law can change a firm’s duties regarding product quality, disclosure, warranties, refunds and complaint handling; therefore option C is the only legally relevant external factor. A company logo is a branding device, an office clock is merely an internal object, and the owner’s private file is personal rather than an element of the business environment. The word “law” directly signals the legal dimension, although its practical effect may also influence costs and procedures.

Related tags

Legal-EnvironmentConsumer-LawBusiness-EnvironmentLegal EnvironmentBusiness EnvironmentBusiness StudiesClass 12 Mcq

Was this question useful?

No ratings yetWrite a review / Rate this question

Student Reviews

No published reviews yet.

Add Muft Shiksha to your Home Screen

In Safari, tap Share, then Add to Home Screen.