Disclosure laws are an example of how the government:
A)attempts to solve information asymmetry in markets.
B)attempts to screen unethical businesses out of the marketplace.
C)forces businesses to signal credibility to consumers.
D)helps businesses build their reputations.

Question

Quizplus · Accepted Answer

Disclosure laws are designed to address information asymmetry by ensuring that all parties in a transaction have access to the same relevant information, thereby making markets more efficient and fair.

Disclosure Laws Are an Example of How the Government