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15 April, 01:21

What are the purposes of financial regulations?

a. to make a business competitive

b. to enforce government intervention

c. to limit and prevent monopolies

d. to allow businesses to collaborate

e. to ensure only one business can operate

f. to place regulations on prices

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Answers (1)
  1. 15 April, 04:11
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    a, c and f

    Explanation:

    Financial regulation refers to regulation of financial institutions, placing compliance requirements to laws and imposing restrictions on operations so as to ensure fair business practices and ethical compliance.

    Such regulations keep a check on pricing so as to discourage the emergence of monopolies and ensure competitive pricing and bolster competition in the market.

    Financial regulation ensures compliance with laws and abidance to rules by financial institutions while carrying out their operations.
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Home » Business » What are the purposes of financial regulations? a. to make a business competitive b. to enforce government intervention c. to limit and prevent monopolies d. to allow businesses to collaborate e. to ensure only one business can operate f.
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