What does CFR stand for in regulatory terms?

Prepare for the Arkansas Contractor Business and Law Exam. Study with flashcards and multiple choice questions. Each question comes with hints and explanations. Ace your exam confidently!

In regulatory terms, CFR stands for "Code of Federal Regulations." This comprehensive codification is a compilation of the general and permanent rules published in the Federal Register by the executive departments and agencies of the U.S. federal government. The CFR is organized into 50 titles that represent broad areas subject to federal regulation, making it a crucial reference for understanding legal obligations and requirements at the federal level.

Understanding the structure and content of the CFR is essential for contractors and businesses operating under federal regulations, as it provides guidance on compliance with various laws, policies, and procedures. This knowledge helps ensure that businesses adhere to the regulatory framework governing their operations, minimizing potential legal issues.

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