The Importance Of REI In The US

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REI, like all businesses in the U.S., is compelled by law to comply with numerous business laws and legal regulations. Some regulations, like the clean air act, apply to specific industries, while others, like tax laws, apply to all businesses operated within the U.S. As result, REI is required to comply with all local, state, and federal tax laws. Being a cooperative, REI is not required to submit Securities and Exchange Commission (SEC) filings, but it is required to file similar reports to its co-op members to report on its financial performance (Komvopoulos, Labinov, Iseri, Leon, Tradd & Lopez, 2012). Because REI serves consumer, it is required to comply with Federal Trade Commission (FTC) laws and regulations. The FTC administers

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