Regulatory agencies set rules but do not have the power to investigate company practices nor take legal action to ensure compliance with the law.

Name: Regulatory agencies set rules but do not have the power to investigate company practices nor take legal action to ensure compliance with the law.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Regulatory agencies are typically authorized to investigate and enforce compliance with the rules they set. They can conduct inspections, issue penalties or fines, and take legal action if necessary.

Regulatory Agencies Set Rules but Do Not Have the Power