Regulation/License (up to 3 points) Draft a statute that focuses on corporate/industrial regulation. Select one area of law, such as the environment, employee safety, equal employment opportunity, or some other. Then, isolate a type of conduct that deserves legal liability; describe the acts with as much detail as possible, and provide penalties. In essence, you are an administrative agency (subject-matter expert) creating a regulation/license and the consequences for one falling out of compliance with such a â??law.â? This assignment must be no less than one full page in length and no more than three.