What happens if regulatory policies for a business are violated?

The correct answer is Sanctions and fines are applied.

If regulatory policies for a business are violated, sanction and fines are being applied.

It is through regulatory policy where econom can be affected by government by a way of limiting what is being done in the market place.

When a government puts excess regulation it may lead to overregulation and it is this overregulation which creates inefficiency in a business.

The purpose of government to over regulate is because of promoting justice or increasing equity.

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