Final answer:
It is crucial for individuals starting a business to understand the legal environment to avoid problems, although some may 'get lucky' temporarily. Governments cannot foresee and outlaw all potential business wrongdoings; regulations are often reactive and evolve over time.
Step-by-step explanation:
The question asks whether it is possible for a person starting a business to not fully understand the legal environment and avoid serious issues. While some individuals might 'get lucky', legal knowledge is still crucial for the operation of a business. A business may avoid problems temporarily due to industry-specific regulations or because it is small and under the radar, but this does not guarantee immunity from legal issues. Moreover, startups involve substantial risk, and angels and venture capitalists mitigate this risk by knowing the business plan and advising accordingly.
Regarding the ability of the government to outlaw everything that businesses could do wrong, it is not feasible nor practical. It is impossible to predict every potential wrongdoing, and as a result, regulations often evolve in response to new situations. Rather than attempting to cover every possible scenario, regulators focus on the most crucial aspects and update laws as needed.