Multiple Choice
Which of the following lends support to the capture theory of regulation?
A) Persons who have been in the industry will be asked to help regulate the industry.
B) There will be more people from the regulated industry at a regulatory hearing than people from the general public.
C) It is in the best interest of an industry that is being regulated to have its personnel develop social relationships with members of the regulatory agency.
D) all of the above
Correct Answer:
Verified
Correct Answer:
Verified
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