Answer :
Sole proprietorships experience the least governmental regulation.
All laws, rules, codes, ordinances, orders, treaties, decrees, and other requirements issued, legislated, adopted, or proclaimed by any governmental body that has the force of law are referred to as governmental regulations.
Regulations give us as consumers the ability to decide for ourselves what is best for our health and safety. They provide us with the assurance that our employer will follow fair business procedures and that public areas will be orderly and up to code.
Social and economic regulation are the two basic categories of government regulation.
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