Regulations are the guardrails of corporate law.
They kick in before people are hurt. They’re usually aimed at corporations, not individuals. Everyone is punished by the paperwork. The penalties come in the form of fines.
Regulation is the best protection business can have.
When regulation isn’t imposed by government, it comes in other forms. It comes in insurance requirements. It comes from the plaintiff’s bar. Fines come in the form of differing rates to protect truck fleets, different prices for handling transactions, and in jury awards.
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