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Which of the following is an example of legal environment?
Question

Which of the following is an example of legal environment?

A.

Death/Birth Ratio

B.

Trade Union Act

C.

Prevailing Political System

D.

Public Debt

Correct option is B

The "Trade Union Act" is an example of the legal environment. The legal environment consists of laws, regulations, and legal systems that define what organizations can and cannot do. Laws like the Trade Union Act directly impact business operations by regulating employee rights and corporate obligations.

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