Identify local, state, and federal regulations for operating a business.
Identification should include the varying regulations within the local, state, and federal levels for operating a business.
Process/Skill Questions:
- What are the license classifications for a contractor’s license?
- What jurisdiction does the locality have over the regulation for operating a business?
- What jurisdiction does the state have over the regulation for operating a business?
- What jurisdiction does the federal government have over the regulation for operating a business?