There are some roles are government regulate like, 1. Permission: Most businesses need to register with a state government to operate. Corporations need a charter, and other forms of businesses, such as limited liability companies or partnerships, need other forms of registration./ 2. Contract Enforcement: Businesses contract with other businesses. These contracts may be complex, such as mergers, or they may be as simple as a warranty on supplies purchased./ 3.Consumer Protection: The government’s role in business includes protecting the consumer or customer. When a vendor fails to honor the guarantee, the purchaser has recourse in the law./ 4.Employee Protection: Many state and federal agencies work to protect the rights of employees. The Occupational Health and Safety Administration, for example, is an agency under the Department of Labor./ 5.Taxation: Governments at all levels tax businesses, and the resulting revenue is an important part of government budgets. Some revenue is taxed at the corporate level, then taxed as personal income when distributed as dividends.
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