Final answer:
Regulations differ from ethical frameworks as they provide a clear basis for litigation and have legal enforcement, meaning that they define specific consequences for non-compliance and are enforced by designated authorities.
Step-by-step explanation:
Ways in which regulations differ from ethical frameworks include their legal enforceability and basis for litigation. Specifically, regulations provide a clear basis for potential litigation (B) due to their prescriptive and often rigid nature.
They spell out specific consequences for non-compliance, unlike ethical frameworks which are more about guiding principles. Another key difference is that regulations have legal enforcement behind them (C), meaning there are designated authorities responsible for ensuring compliance and imposing penalties when rules are violated.
On the other hand, while regulations can be industry-led, they are not inherently flexible in their implementation (A), as they require adherence to specific rules to maintain a level playing field within the market. Regulations are written by legislators and are subject to compromises in the political process, which often creates complex legal structures that firms must navigate.