Question
Outline four reasons why the government issues licenses to businesses.
Answer
- To make sure traders stick to the licensed businesses
- To curb illegal businesses
- To raise revenue for the government
- To tame unhealthy competition
- To control goods entering the country
- To retain required standards
- To curb illegal businesses
- To raise revenue for the government
- To tame unhealthy competition
- To control goods entering the country
- To retain required standards
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