Identify the correct combination of explanation of legal environment :

(A) Public Debt.

(B) Political stability, high inflation rates.

(C) Legislations passed by government, administrative orders issued by government authorities.

(D) Court judgements, decisions rendered by various committees.

Choose the correct answer from the options given below :

(C) and (D) Only

The correct answer is option (3) : (C) and (D) Only

(A) Public Debt: Public debt is a financial consideration and is not directly related to the legal environment. It is more about economic policy.

(B) Political stability, high inflation rates: These are economic factors that can influence the business environment but are not strictly legal in nature.

(C) Legislations passed by government, administrative orders issued by government authorities: This option is directly related to the legal environment as it involves laws and regulations created by the government.

(D) Court judgments, decisions rendered by various committees:This option is also directly related to the legal environment, as it involves the outcomes of legal proceedings and decisions made by committees, which can impact businesses.

Therefore, the correct combination for the explanation of the legal environment is (C) and (D)