Question: Is it important for businesses to comply with the law? Consider the following reasons and choose the most suitable response:
Select one:
a. Making a profit is the main concern for a business, and this takes priority over everything else, including strict compliance with the law.
b. Failing to comply with the law can have serious consequences, including monetary fines and paying damages to those who have suffered loss as a result, as well as damage to the reputation of the business. It is therefore important to comply with the law.
c. Failing to comply with the law can be damaging for the reputation of the business, so for this specific reason it is important to comply.
d. Failing to comply with the law is not important, because insurance can cover any losses and everyone (even businesses) makes mistakes.