Regulation of The Capital Market: Meaning And Reasons For Regulations - SS2 Accounting Past Questions and Answers - page 1
What is the purpose of the regulation?
To protect public health and safety
To ensure fair competition
To promote ethical behaviour
All of the above
What is the role of antitrust laws?
To prevent monopolies
To promote competition
To protect consumers
All of the above
What is the goal of regulations that protect the environment?
To prevent pollution
To promote sustainable practices
To protect wildlife
All of the above
What is consumer protection?
Regulations that require businesses to disclose information about their products or services
Regulations that prevent fraud or other unethical practices
Regulations that protect consumers from scams or deceptive advertising
All of the above
Why do governments regulate certain industries?
To create a level playing field for businesses
To protect the public from harm
To ensure ethical behaviour
All of the above
What are some examples of regulations that protect public health and safety?
Some examples may include regulations related to food safety, workplace safety, or product safety.
What is the difference between self-regulation and external regulation?
Self-regulation refers to when an industry or entity sets its own rules and guidelines for behaviour, while external regulation is when regulations are imposed by an outside authority, such as a government or regulatory body.