Introductory Business Law CLEP Exam 2025 – Your All-in-One Guide to Master the Test!

Question: 1 / 400

What type of law governs the business environment?

Criminal law

Civil law

Civil law governs the business environment as it deals with the relationships between individuals or businesses, including contracts, property, and employment laws.

Option A, criminal law, deals with offenses against society and is not directly related to the business environment.

Option C, common law, is a system of law based on precedent and may vary depending on the jurisdiction. While it may impact the business environment, it is not specific to it.

Option D, contract law, is a part of civil law but only deals with specific aspects of business agreements and may not cover all aspects of the business environment such as employee relations or property laws.

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Common law

Contract law

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