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Running head: REGULATIONS
Regulatory Environment and Public Protection from Fraud
Name of Student
Corporations are legal entities which are separate from and have distinctive features
which are different from the people who own them. They tend to enjoy more rights and have
responsibilities which are processes by individuals (Kenton, 2019). They have a set of
regulation in place, which makes this possible. They create a regulatory environment which
makes it possible for the employees and the owner save from any kind of risk. Hence a
regulatory environment is an aspect of a corporation having a sense of protection which is
aimed at making sure that the conflicts and ambiguities are resolved before they can harm (np,
2019). The regulatory environment has been created to create some kind of order. The
environment is controlled in a way through the use of rules and some condition which make
sure the public is not harmed in any way. It creates a form of equality and increases the level
of quality in the product or service given by the corporation as it runs its operations. An
example of risk or harm which may be experienced by the public includes Fraud. Fraud is the
act of intentionally conducting or being deceitful to secure something unfairly. In the case of a
corporation, they can fraud the customers and client who use their products and service
intending to get more money for none standard services and products (np, Financial Fraud,
2019). The regulatory environment is hence essential to the corporation ...
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