Which of the following types of regulations typically apply to all businesses, regardless of industry?

• A. Banking reserve requirements
• B. Health and safety regulations
• C. Agricultural production quotas
• D. Telecommunications licensing requirements

Answer: (B)

Verified step by step guidance

1. Step 1: Understand the nature of each regulation type listed in the problem. Banking reserve requirements apply specifically to banks and financial institutions, so they are industry-specific.
2. Step 2: Agricultural production quotas are regulations that limit the amount of agricultural products produced, which apply only to the farming industry.
3. Step 3: Telecommunications licensing requirements are rules that apply to companies operating in the telecommunications sector, so they are also industry-specific.
4. Step 4: Health and safety regulations are designed to protect workers and consumers and generally apply across all industries and businesses, regardless of the sector they operate in.
5. Step 5: Conclude that the regulation type that typically applies to all businesses, regardless of industry, is health and safety regulations.