ENTREPRENEURSHIP AND THE GLOBAL ECONOMY
GLOBALIZATION AND ENTREPRENEURSHIP
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Regulations
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Morals
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Objectives
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Ethics
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Detailed explanation-1: -Rules are set according to individuals and organizations; AML regulations are according to the state. Rules are the set of instructions given to the public; AML regulations are rules accepted legally by the administration. Rules are part of the regulation, but AML regulations are part of the law.
Detailed explanation-2: -Business law is also known as commercial law or corporate law. Business law governs the rights, relationships, and behaviour of businesses and individuals engaged in commerce, merchandising trade, and sales. It deals with private and public law issues and is sometimes seen as a branch of civil law.
Detailed explanation-3: -Under the terms of the Companies Act (1956), which is the company law in India, a company means a company registered under the present Act of the preceding Acts. Thus, a company comes into existence only by registration under the Company Law Act.