Exam 40: Administrative Agencies
Exam 1: Law and Legal Reasoning72 Questions
Exam 2: Business and the Constitution72 Questions
Exam 3: Ethics in Business72 Questions
Exam 4: Courts and Alternative Dispute Resolution72 Questions
Exam 5: Court Procedures72 Questions
Exam 6: Tort Law72 Questions
Exam 7: Strict Liability and Product Liability72 Questions
Exam 8: Intellectual Property Rights72 Questions
Exam 9: Internet Law Social Media and Privacy72 Questions
Exam 10: Criminal Law and Cyber Crime72 Questions
Exam 11: Nature and Terminology72 Questions
Exam 12: Agreement72 Questions
Exam 13: Consideration72 Questions
Exam 14: Capacity and Legality72 Questions
Exam 15: Mistakes Fraud and Voluntary Consent72 Questions
Exam 16: The Writing Requirement72 Questions
Exam 17: Third Party Rights72 Questions
Exam 18: Performance and Dischapterarge72 Questions
Exam 19: Breachapter of Contract and Remedies72 Questions
Exam 20: Sales and Lease Contracts72 Questions
Exam 21: Title Risk and Insurable Interest72 Questions
Exam 22: Performance and Breachapter of Sales and Lease Contracts72 Questions
Exam 23: Warranties72 Questions
Exam 24: International and Space Law72 Questions
Exam 25: Negotiable Instruments72 Questions
Exam 26: Transferability and Holder in Due Course72 Questions
Exam 27: Liability Defenses and Dischapterarge72 Questions
Exam 28: Banking72 Questions
Exam 29: Creditors Rights and Remedies72 Questions
Exam 30: Secured Transactions73 Questions
Exam 31: Bankruptcy Law72 Questions
Exam 32: Agency Formation and Duties144 Questions
Exam 33: Employment Immigration and Labor Law144 Questions
Exam 34: Small Businesses and Franchapterises72 Questions
Exam 35: All Forms of Partnerships72 Questions
Exam 36: Limited Liability Companies and Special Business Forms72 Questions
Exam 37: Corporate Formation and Financing144 Questions
Exam 38: Mergers and Takeovers72 Questions
Exam 39: Investor Protection Insider Trading and Corporate Governance72 Questions
Exam 40: Administrative Agencies72 Questions
Exam 41: Consumer Law72 Questions
Exam 42: Environmental Protection72 Questions
Exam 43: Antitrust Law72 Questions
Exam 42: Professional Liability and Accountability72 Questions
Exam 45: Personal Property and Bailments72 Questions
Exam 46: Real Property and Landlord Tenant Law72 Questions
Exam 47: Insurance72 Questions
Exam 48: Wills and Trusts73 Questions
Exam 49: The Legal Environment of Business14 Questions
Exam 50: Torts and Crimes12 Questions
Exam 51: Contracts and E Contracts10 Questions
Exam 52: Domestic and International Sales and Lease Contracts8 Questions
Exam 53: Negotiable Instruments6 Questions
Exam 54: Creditors Rights and Bankruptcy10 Questions
Exam 55: Agency and Employment12 Questions
Exam 56: Business Organizations14 Questions
Exam 57: Government Regulation12 Questions
Exam 58: Property and Its Protection10 Questions
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Administrative agencies lack the time, the resources, and the expertise to make the detailed decisions required for regulation.
Free
(True/False)
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(37)
Correct Answer:
False
Because the Administrative Procedure Act imposes requirements that all federal agencies must follow, it is an integral part of the administrative process.
Free
(True/False)
4.7/5
(41)
Correct Answer:
True
An administrative law judge's decision on a dispute over an administrative action is the final order of the agency-no appeal is possible.
Free
(True/False)
4.8/5
(35)
Correct Answer:
False
According to the United States Supreme Court, courts should not defer to an administrative agency's interpretation of the law.
(True/False)
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(31)
The U.S. Small Business Administration issues a new regulation that will have a significant impact on a substantial number of small businesses. Under the Regulatory Flexibility Act, the agency must do all of the following except
(Multiple Choice)
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The executive branch of the government can exercise control over an administrative agency through
(Multiple Choice)
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The Federal Trade Commission (FTC)orders General Sales Company to reveal certain information. The firm complains to a court, arguing that the order is an abuse of the FTC's discretion. Like other agencies, the FTC can use a subpoena to
(Multiple Choice)
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(46)
Congress can exercise authority over the power of an administrative agency by revising its funding, changing its responsibilities, or abolishing it altogether.
(True/False)
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After a final rule is issued, an administrative agency conducts investigations to monitor
(Multiple Choice)
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(42)
Administrative regulations have benefits, but the benefits can entail considerable costs for business.
(True/False)
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(41)
For an agency's interpretation of the law to be accorded deference by a court, it must meet the formal standards for notice-and-comment rulemaking.
(True/False)
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As the economy has grown more complex, the size of the government has also increased, and so has the number of administrative agencies.
(True/False)
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Preventing agencies from abusing their powers without hindering the agencies as they carry out their duties is not a governmental concern.
(True/False)
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(40)
Retail Stores Inc. pays taxes collected by the appropriate state agencies. Like other state administrative agencies, these agencies were created by
(Multiple Choice)
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Bath & Kitchen Inc. is subject to a decision by the Consumer Product Safety Commission. Opposed to the decision, the firm wants a court to review it. First, however, the firm must
(Multiple Choice)
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(42)
By delegating some authority to make and implement laws to an administrative agency, Congress gives up its ability to monitor a particular area.
(True/False)
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The Financial Stability Oversight Council was created in response to a financial crisis to
(Multiple Choice)
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(34)
The procedures used by administrative agencies in fulfilling their basic functions is known as
(Multiple Choice)
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(29)
A final rule issued through a notice-and-comment rulemaking procedure has binding legal effect
(Multiple Choice)
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(33)
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