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 that best describes the restrictions that state and federal laws place on business with regard to the conduct of their activities is regulation. Regulation involves the imposition of rules or laws by government agencies that businesses are obligated to follow. These regulations are put in place to ensure that businesses operate in a fair and safe manner while protecting consumers and the environment. Examples of regulations include workplace safety, environmental protection, and consumer protection laws.

Restrictions That State and Federal Laws Place on Business with Regard