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WAEC Commerce 2026 Question 37

Question 37

Government and Business

Registration of business is a way in which government

  1. A.creates income for businesses
  2. B.promotes businesses
  3. C.regulates businesses
  4. D.subsidizes businesses
Show the answer and explanation

Answer: C (regulates businesses)

Explanation

By requiring registration, government controls who may operate and keeps businesses under its rules.