Answered

Which statement about business regulations is accurate?
Small businesses are only obligated to follow local regulations.
Government-based businesses are required to apply federal regulations.
High-profit businesses focus on meeting state regulations annually.
O All businesses are subject to local, state, and federal regulations.



Answer :

GinnyAnswer

Final answer:

All businesses must adhere to local, state, and federal regulations.


Explanation:

All businesses are subject to local, state, and federal regulations. Government regulations can impact businesses by requiring permits, fees, product restrictions, zoning laws, and more. Historically, government intervention in business regulation has increased over time to address issues such as monopolies and consumer protection.


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