Question: How can rules-based regulation be more advantageous than principles-based regulation? a. allows for more innovation & flexibility b. it is generally more applicable to more

How can rules-based regulation be more advantageous than principles-based regulation?

a. allows for more innovation & flexibility

b. it is generally more applicable to more scenarios

c. responds faster to a changing environment

d. reduces the problem of regulatory inertia or regulatory forbearance

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