Question 1

The FTC Act prohibits unfair and deceptive practices.

Accepted Answer

A) True 
 B)False  True

Question 2

The FDA regulates all but:

Accepted Answer

A) Forestry. 
B) Drugs. 
C) Cosmetics. 
D) None of the above. 
A) Forestry. 
B) Drugs. 
C) Cosmetics. 
D) None of the above. A

Question 3

Bait and Switch occurs when a low-cost discounted item is advertised and then is switched for a higher priced item.

Accepted Answer

A) True 
 B)False  True

Question 4

The delegation doctrine governs the powers that are given an administrative agency.

Accepted Answer

A) True 
 B)False

Question 5

An agency may have the following power(s):

Accepted Answer

A) Legislative. 
B) Judicial. 
C) Executive. 
D) All of the above. 
A) Legislative. 
B) Judicial. 
C) Executive. 
D) All of the above.

Question 6

All the following are examples of specific government regulation agencies except:

Accepted Answer

A) FCC. 
B) ICC. 
C) FAA. 
D) NLRB. 
A) FCC. 
B) ICC. 
C) FAA. 
D) NLRB.

Question 7

The SEC was created in:

Accepted Answer

A) 1911 
B) 1934 
C) 1956 
D) 1980 
A) 1911 
B) 1934 
C) 1956 
D) 1980

Question 8

The majority of the federal agencies are part of the executive branch.

Accepted Answer

A) True 
 B)False

Question 9

The following rule deals with insider trading:

Accepted Answer

A) 3(c) 
B) 7(e) 
C) 10(b) 
D) 12(d) 
A) 3(c) 
B) 7(e) 
C) 10(b) 
D) 12(d)

Question 10

Adulterated food is:

Accepted Answer

A) Filthy or putrid. 
B) Decomposed. 
C) Unfit for food. 
D) All of the above. 
A) Filthy or putrid. 
B) Decomposed. 
C) Unfit for food. 
D) All of the above.

Question 11

In securities,the issuer may be a new company offering securities to the public through an initial public offering (IPO).

Accepted Answer

A) True 
 B)False

Question 12

The Consumer Product Safety Commission regulates environmental pollution in indoor areas.

Accepted Answer

A) True 
 B)False

Question 13

Administrative law is:

Accepted Answer

A) Substantive law. 
B) Procedural law. 
C) Both of the above. 
D) None of the above. 
A) Substantive law. 
B) Procedural law. 
C) Both of the above. 
D) None of the above.

Question 14

The Nutrition Labeling and Education Act applies to fruit,vegetables,and raw seafood.

Accepted Answer

A) True 
 B)False

Question 15

NEPA requires manufacturing companies to obtain permits for air emissions.
Answer Key: Chapter 1 The Nature of Law and Critical Legal Thinking

Accepted Answer

A) True 
 B)False

Question 16

ALJs preside over administrative proceedings and decide questions of law and fact.

Accepted Answer

A) True 
 B)False

Question 17

False and deceptive advertising violates which section of the act?

Accepted Answer

A) 2 
B) 3 
C) 4 
D) 5 
A) 2 
B) 3 
C) 4 
D) 5

Question 18

There are more than 250 federal administrative agencies.

Accepted Answer

A) True 
 B)False

Question 19

The Nutrition Labeling and Education Act requires about how many more food labels on grocery items in the store.

Accepted Answer

A) 2,000 
B) 10,000 
C) 20,000 
D) 30,000 
A) 2,000 
B) 10,000 
C) 20,000 
D) 30,000

Question 20

A registration statement must contain:

Accepted Answer

A) The securities being offered for sale. 
B) The registrant's business. 
C) Pending litigation. 
D) All of the above. 
A) The securities being offered for sale. 
B) The registrant's business. 
C) Pending litigation. 
D) All of the above.

The FTC Act prohibits unfair and deceptive practices.

The FDA regulates all but:

Bait and Switch occurs when a low-cost discounted item is advertised and then is switched for a higher priced item.

The delegation doctrine governs the powers that are given an administrative agency.

An agency may have the following power(s):

All the following are examples of specific government regulation agencies except:

The SEC was created in:

The majority of the federal agencies are part of the executive branch.

The following rule deals with insider trading:

Adulterated food is:

In securities,the issuer may be a new company offering securities to the public through an initial public offering (IPO).

The Consumer Product Safety Commission regulates environmental pollution in indoor areas.

Administrative law is:

The Nutrition Labeling and Education Act applies to fruit,vegetables,and raw seafood.

NEPA requires manufacturing companies to obtain permits for air emissions. Answer Key: Chapter 1 The Nature of Law and Critical Legal Thinking

ALJs preside over administrative proceedings and decide questions of law and fact.

False and deceptive advertising violates which section of the act?

There are more than 250 federal administrative agencies.

The Nutrition Labeling and Education Act requires about how many more food labels on grocery items in the store.

A registration statement must contain:

The Nature of Law and Critical Legal Thinking

The American Court System

Civil Litigation and Alternative Dispute Resolution

Criminal Law and Ethics

Constitutional Law and Freedoms

Torts and Product Liability

Contracts and E-Commerce

Real and Personal Property

Family Law

Wills,Trusts,and Estates

Business Organizations

Agency, Employment, and Equal Opportunity Law

Credit, Suretyship, and Bankruptcy

Intellectual Property and Internet Law

Concepts in Law

Filters

Exam 15: Administrative Law, Consumer, Investor, and Environmental Protection

The FTC Act prohibits unfair and deceptive practices.

The FDA regulates all but:

Bait and Switch occurs when a low-cost discounted item is advertised and then is switched for a higher priced item.

The delegation doctrine governs the powers that are given an administrative agency.

An agency may have the following power(s):

All the following are examples of specific government regulation agencies except:

The SEC was created in:

The majority of the federal agencies are part of the executive branch.

The following rule deals with insider trading:

Adulterated food is:

In securities,the issuer may be a new company offering securities to the public through an initial public offering (IPO).

The Consumer Product Safety Commission regulates environmental pollution in indoor areas.

Administrative law is:

The Nutrition Labeling and Education Act applies to fruit,vegetables,and raw seafood.

NEPA requires manufacturing companies to obtain permits for air emissions. Answer Key: Chapter 1 The Nature of Law and Critical Legal Thinking

ALJs preside over administrative proceedings and decide questions of law and fact.

False and deceptive advertising violates which section of the act?

There are more than 250 federal administrative agencies.

The Nutrition Labeling and Education Act requires about how many more food labels on grocery items in the store.

A registration statement must contain:

The Nature of Law and Critical Legal Thinking

The American Court System

Civil Litigation and Alternative Dispute Resolution

Criminal Law and Ethics

Constitutional Law and Freedoms

Torts and Product Liability

Contracts and E-Commerce

Real and Personal Property

Family Law

Wills,Trusts,and Estates

Business Organizations

Agency, Employment, and Equal Opportunity Law

Credit, Suretyship, and Bankruptcy

Intellectual Property and Internet Law

Concepts in Law

Filters