Question 1

An administrative agency of quasi-legislative regulatory authority is empowered to make decisions like a court.

Accepted Answer

A) True 
 B)False

Question 2

When a federal statute preempts a particular area of regulation, the state regulation related to the same subject is void.

Accepted Answer

A) True 
 B)False

Question 3

Regulation decreases the cost of government.

Accepted Answer

A) True 
 B)False

Question 4

The _____ function of an administrative agency is accomplished by making reports to the president or the Congress.

Accepted Answer

A)  adjudicatory 
B)  advisory 
C)  rule making 
D)  investigatory 
E)  determinacy 
A)  adjudicatory 
B)  advisory 
C)  rule making 
D)  investigatory 
E)  determinacy

Question 5

According to U.S. Supreme Court, why should broad meaning be given to the concept of standing to sue?

Accepted Answer

The Administrative Procedures Act states

Question 6

How is federal preemption a dual regulation of commerce?

Accepted Answer

Federal preemption concerns those subjec

Question 7

What are the basic functions of administrative agencies?

Accepted Answer

The direct day-to-day legal impact on bu

Question 8

To justify the tax, there must be sufficient contact, connection, tie, or link between the business and the taxing state called the _____.

Accepted Answer

A)  chain 
B)  nexus 
C)  cartel 
D)  band 
E)  network 
A)  chain 
B)  nexus 
C)  cartel 
D)  band 
E)  network

Question 9

Regulation is often a substitute for competition. Explain with example.

Accepted Answer

Agencies often replace competition with

Question 10

Which of the following is an issue of administrative agencies that relates to the people involved?

Accepted Answer

A)  The volume of rules adopted by agencies is beyond the ability of the business community to keep up with and comply with. 
B)  The reward system usually does not make a significant distinction between excellent, mediocre, and poor performances. 
C)  The administrative process is overwhelmed with paperwork and with meetings. 
D)  Enforcement of some laws varies over time. 
E)  There is often a lack of enforcement procedures to follow up on actions taken to ensure compliance. 
A)  The volume of rules adopted by agencies is beyond the ability of the business community to keep up with and comply with. 
B)  The reward system usually does not make a significant distinction between excellent, mediocre, and poor performances. 
C)  The administrative process is overwhelmed with paperwork and with meetings. 
D)  Enforcement of some laws varies over time. 
E)  There is often a lack of enforcement procedures to follow up on actions taken to ensure compliance.

Question 11

Cost of paperwork contributes the least to the additional costs to the business community.

Accepted Answer

A) True 
 B)False

Question 12

The Commerce Clause gives rise to the federal government's power to regulate business activity.

Accepted Answer

A) True 
 B)False

Question 13

Which of the following is true about administrative agencies?

Accepted Answer

A)  The actual regulatory activity is performed by administrative agencies. 
B)  An agency that issues rules having impact of laws is called quasi-judicial. 
C)  State and local governments do not have agencies. 
D)  A quasi-legislative makes decisions like a court. 
E)  Federal government agencies license and regulate intrastate transportation. 
A)  The actual regulatory activity is performed by administrative agencies. 
B)  An agency that issues rules having impact of laws is called quasi-judicial. 
C)  State and local governments do not have agencies. 
D)  A quasi-legislative makes decisions like a court. 
E)  Federal government agencies license and regulate intrastate transportation.

Question 14

The procedures developed by administrative agencies are less formal than judicial procedures.

Accepted Answer

A) True 
 B)False

Question 15

How broad is the power of Congress over commerce?

Accepted Answer

The power of Congress extends to all com

Question 16

Explain the difference between the two doctrines that guide courts in the judicial review of agency adjudications.

Accepted Answer

The doctrine of exhaustion of remedies i

Question 17

Under the regulation of interstate commerce:

Accepted Answer

A)  the states have the exclusive power to commerce that passes across their lines. 
B)  activities affecting interstate commerce do not come under the power of the deferral government. 
C)  regulation on any activity is appropriate if it aids interstate commerce. 
D)  intrastate activities affecting interstate commerce can be regulated only by the state governments. 
E)  the Congress cannot regulate a local activity. 
A)  the states have the exclusive power to commerce that passes across their lines. 
B)  activities affecting interstate commerce do not come under the power of the deferral government. 
C)  regulation on any activity is appropriate if it aids interstate commerce. 
D)  intrastate activities affecting interstate commerce can be regulated only by the state governments. 
E)  the Congress cannot regulate a local activity.

Question 18

Which of the following types of regulatory authorities issues rules that have an impact of laws?

Accepted Answer

A)  Quasi-judicial 
B)  Quasi-executive 
C)  Quasi-legislative 
D)  Quasi-regulatory 
E)  Quasi in rem 
A)  Quasi-judicial 
B)  Quasi-executive 
C)  Quasi-legislative 
D)  Quasi-regulatory 
E)  Quasi in rem

An administrative agency of quasi-legislative regulatory authority is empowered to make decisions like a court.

When a federal statute preempts a particular area of regulation, the state regulation related to the same subject is void.

Regulation decreases the cost of government.

The _____ function of an administrative agency is accomplished by making reports to the president or the Congress.

According to U.S. Supreme Court, why should broad meaning be given to the concept of standing to sue?

How is federal preemption a dual regulation of commerce?

What are the basic functions of administrative agencies?

To justify the tax, there must be sufficient contact, connection, tie, or link between the business and the taxing state called the _____.

Regulation is often a substitute for competition. Explain with example.

Which of the following is an issue of administrative agencies that relates to the people involved?

Cost of paperwork contributes the least to the additional costs to the business community.

The Commerce Clause gives rise to the federal government's power to regulate business activity.

Which of the following is true about administrative agencies?

The procedures developed by administrative agencies are less formal than judicial procedures.

How broad is the power of Congress over commerce?

Explain the difference between the two doctrines that guide courts in the judicial review of agency adjudications.

Under the regulation of interstate commerce:

Which of the following types of regulatory authorities issues rules that have an impact of laws?

Law As a Foundation for Business

The Role of Ethics in Decision Making

The Court System

Litigation

Alternative Dispute Resolution

The Constitution

The Property System

Contract Formation

Contractual Performance and Breach

Torts Affecting Business

Intellectual Property

International Law

Criminal Law and Business

Business Organizations

Regulating Competition_Antitrust Laws

Financial and Securities Regulations

Privacy and Consumer Protection

Environmental Regulation and Resource Sustainability

Discrimination in Employment

Employment Laws

Labor-Management Relationship

Filters

Exam 15: The Regulatory Process

An administrative agency of quasi-legislative regulatory authority is empowered to make decisions like a court.

When a federal statute preempts a particular area of regulation, the state regulation related to the same subject is void.

Regulation decreases the cost of government.

The _____ function of an administrative agency is accomplished by making reports to the president or the Congress.

According to U.S. Supreme Court, why should broad meaning be given to the concept of standing to sue?

How is federal preemption a dual regulation of commerce?

What are the basic functions of administrative agencies?

To justify the tax, there must be sufficient contact, connection, tie, or link between the business and the taxing state called the _____.

Regulation is often a substitute for competition. Explain with example.

Which of the following is an issue of administrative agencies that relates to the people involved?

Cost of paperwork contributes the least to the additional costs to the business community.

The Commerce Clause gives rise to the federal government's power to regulate business activity.

Which of the following is true about administrative agencies?

The procedures developed by administrative agencies are less formal than judicial procedures.

How broad is the power of Congress over commerce?

Explain the difference between the two doctrines that guide courts in the judicial review of agency adjudications.

Under the regulation of interstate commerce:

Which of the following types of regulatory authorities issues rules that have an impact of laws?

Law As a Foundation for Business

The Role of Ethics in Decision Making

The Court System

Litigation

Alternative Dispute Resolution

The Constitution

The Property System

Contract Formation

Contractual Performance and Breach

Torts Affecting Business

Intellectual Property

International Law

Criminal Law and Business

Business Organizations

Regulating Competition_Antitrust Laws

Financial and Securities Regulations

Privacy and Consumer Protection

Environmental Regulation and Resource Sustainability

Discrimination in Employment

Employment Laws

Labor-Management Relationship

Filters