Discuss the below:
"Legal Effects on Business"
• Numerous laws that are enacted to protect consumers have been passed and business leaders have evolved to reflect this focus on consumer safety. Select one of the laws and determine its consumer safety effects within the past 20 years on the type of business in which you are currently employed or have been employed. Be sure to state the type of business in your response. Then, speculate how this law will impact business in the next 10 years, assuming it is not repealed.
• Assess how your business might be impacted financially should a consumer lawsuit be instigated arising from this law.