Login

The Business Effects of Regulatory Restrictions & Compliance

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Baksheesh.com was sued in federal court on behalf of former investors due to improper disclosures in prospectuses. This is an example of a regulatory function carried out by the _____.

Start Your Free Trial To Take This Quiz

As a member, you'll also get unlimited access to over 70,000 lessons in math, English, science, history, and more. Plus, get practice tests, quizzes, and personalized coaching to help you succeed.

Free 5-day trial
It only takes a few minutes to set up and you can cancel at any time.
Already registered? Login here for access

1. Alfredo purchases a health plan for his family. Five months later, his daughter has surgery to correct a previous health condition. Under the Affordable Care Act, how does the health insurance company handle the case of pre-existing conditions?

2. The Dodd-Frank Wall Street Reform and Consumer Protection Act was created in response to what financial event?

Start your free trial to access this entire worksheet
A premium account gives you access to all lesson, practice exams, quizzes & worksheets
Access to all video lessons
Quizzes, practice exams & worksheets
Certificate of Completion
Access to instructors
Create an account to get started Create Account

About This Quiz & Worksheet

Regulatory restrictions and compliance have many different effects on a business. Using the quiz and worksheet, you can identify how much you know about these effects and examples of them.

Quiz & Worksheet Goals

The goal of this assessment is to check your knowledge of:

  • Why the Dodd-Frank Wall Street Reform and Consumer Protection Act was created
  • What Trading.com being sued was an example of
  • Options for a health insurance company dealing with patients who have a previous health condition
  • An example of intervention by the Food and Drug Administration (FDA)
  • An agency that deals with business monopoly

Skills Practiced

  • Information recall - access the knowledge you have gained about an agency responsible for dealing with business monopoly
  • Reading comprehension - ensure that you draw the most important information from the lesson on the impact of regulatory restrictions and compliance on business
  • Interpreting information - verify that you can read information about an example of an intervention by the FDA and interpret it correctly

Additional Learning

To learn more, go through the lesson titled The Business Effects of Regulatory Restrictions & Compliance. This lesson helps you review more about:

  • The dark side of regulatory agencies
  • Why regulatory restrictions exist
  • Acts that protect different industries
Support