In the united states the government creates laws and regulations that ? business activities to prevent wrongdoing

In the United States, the government creates laws and regulations that limit business activities to prevent wrongdoing. This set of legal norms are part of the Regulatory Laws and it's created as a way to protect the citizen/consumer and its finances. Some of examples of this type of law are the US AntiTrust Law and the Corporate Law .

So, the correct answer is Limit.

Limit business activities to prevent wrongdoing.

Further Explanation:

The example of this type of law is US anti-trust law, corporate law. The anti-trust law is a mixture of federal and state government laws which regulate the functioning of a business corporation. It promotes competition to benefit consumers. There are three main statues like the Sherman Act, Clayton Act, federal trade commission act. The Sherman restricts the price-fixing, operation of cartels, prohibits collective activities that restrict trade. The Clayton Act prohibits the mergers of the organization. The Sherman Act also prohibits the abuse of monopoly. The federal antitrust laws give both civil and criminal enforcement. Criminal enforcement is done by the Justice Department. It governs commerce within the state borders. It protects smaller businesses, consumers, and communities. It should focus on the benefits of consumers and the overall efficiency. They are controlling economic power in public interest. USA’s corporate law regulates the finance, governance and power of the corporation. Each state has its corporate code but federal law creates the minimum standard for trading in companies shares on rights founded in securities act which was enacted in 1933. Major corporations are incorporated under Delaware General Corporation Law that offers low corporate tax, fewer shareholder rights against the directors.  

Learn More:

1.What was the impact of political and legal ideas contained in Justinian's code?

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2.Which similar challenge did china and japan face following the Sino-Japanese war?

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Answer Details:

Grade: High School

Chapter: U.S.A Anti-Trust Law and Corporate Law

Subject: Social Science

Keywords:

US anti-trust law, regulates, functioning, business corporation, promotes, competition, Sherman act, Clayton act, Federal Trade Commission act, public interest, corporate code.

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