Introductory Business Law CLEP Prep Practice Exam

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Prepare for the Introductory Business Law CLEP Exam. Study with flashcards and multiple choice questions, each question comes with hints and explanations. Ace your exam with confidence!

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area of law focuses on the organization of companies and the regulations for their governing bodies?

  1. Administrative law

  2. Constitutional law

  3. Corporate law

  4. Criminal law

The correct answer is: Corporate law

Corporate law focuses on the organization of companies and the regulations for their governing bodies. This includes legal issues related to the formation, operation, and dissolution of corporations. The other options are incorrect because they do not specifically pertain to the organization and regulation of companies. For example, administrative law deals with the powers and duties of administrative agencies, constitutional law deals with the fundamental principles and structures of government, and criminal law deals with crimes and their punishments.