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Why Do Laws And Regulations Always Restrict Or Impede On Businesses

Satisfactory Essays

Do laws and regulations always restrict or impede on businesses? I believe there is a benefit and they can assist businesses. All American businesses are affected by the legal and regulatory environment set forth by our government. Businesses have both benefited and been affected from government action to place rules and regulations on businesses while there some laws in place to support American workers and consumers. “The policies and practices of government bodies also establish an overall level of support for businesses operating within their jurisdictions. Taxation, fees, efforts to coordinate multiple regulatory agencies, the speed of granting permits and licenses, labor rules, environmental restrictions, protection for assets such as

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