The restrictions that state and federal laws place on business with regard to the conduct of its activities are referred to as
A)jurisprudence.
B)competitive constrains.
C)barriers to entry.
D)restraints of trade.
E)regulation.

Question

Quizplus · Accepted Answer

The term "regulation" refers to the restrictions placed on businesses by state and federal laws. These regulations are designed to ensure that businesses operate in a safe, ethical, and legal manner, and help protect consumers and employees from harm. Examples of regulation include laws governing workplace safety, environmental protection, and the sale of consumer goods.

The Restrictions That State and Federal Laws Place on Business