Voluntarily adopted guidelines for corporate behavior derived from emerging norms and standards in international codes,declarations,and conventions are called:
A) diplomatic laws.
B) soft laws.
C) case laws.
D) traditional laws.

Question

Quizplus · Accepted Answer

Guidelines for corporate behavior derived from emerging norms and standards in international codes, declarations, and conventions are called soft laws. Soft laws are not legally binding but are voluntary and aspirational in nature.

Voluntarily Adopted Guidelines for Corporate Behavior Derived from Emerging Norms