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The different areas of law include but are not limited to, antitrust, contracts, employment, securities regulation and many other areas of law.
In an effort to prevent failure and to regulate business, the government frames various laws. The government's role in helping regulate the way business is conducted may include:
A) Determination of the conditions under which individuals or groups would be permitted to enter certain lines of business or avail of public facilities and scarce resources.
B) Regulating the conduct of Industrial or business through legislation.
C) Regulating the relationship between different segments or interest groups in the economy to protect legal rights...
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