Question 1

The Administrative Procedure Act establishes procedures that industries and businesses must follow when conducting their affairs.

Accepted Answer

A) True 
 B)False

Question 2

The Securities and Exchange Commission (SEC),which regulates the issuance and trading of securities,is an example of a federal independent agency.

Accepted Answer

A) True 
 B)False

Question 3

Which of the following are responsible for enforcing specific administrative statutes enacted by Congress?

Accepted Answer

A) independent federal administrative agencies 
B) state administrative agencies 
C) law enforcement agencies 
D) cabinet-level federal departments 
A) independent federal administrative agencies 
B) state administrative agencies 
C) law enforcement agencies 
D) cabinet-level federal departments

Question 4

Which of the following is true of a substantive rule?

Accepted Answer

A) It interprets existing statutory language. 
B) It does not have the force of law and is only issued as a guideline. 
C) Substantive rules are exempt from judicial review. 
D) Violators can be held criminally liable. 
A) It interprets existing statutory language. 
B) It does not have the force of law and is only issued as a guideline. 
C) Substantive rules are exempt from judicial review. 
D) Violators can be held criminally liable.

Question 5

________ consists of laws that regulate particular industries.

Accepted Answer

A) An independent federal administration 
B) General government regulation 
C) Specific government regulation 
D) A statement of policy 
A) An independent federal administration 
B) General government regulation 
C) Specific government regulation 
D) A statement of policy

Question 6

The U.S.Equal Employment Opportunity Commission enforcing equal opportunity in employment laws is an instance of general government regulation.

Accepted Answer

A) True 
 B)False

Question 7

Regulatory statutes can be known as administrative laws.

Accepted Answer

A) True 
 B)False

Question 8

The power to investigate and prosecute possible violations of statutes,administrative rules,and administrative orders is the judicial power granted to administrative agencies.

Accepted Answer

A) True 
 B)False

Question 9

Administrative agencies do not have to comply with the Due Process Clause of the U.S.Constitution when adjudicating cases of violation.

Accepted Answer

A) True 
 B)False

Question 10

The Federal Communications Commission issues licenses and regulates the operation of television and radio stations.This is an example of a(n)________.

Accepted Answer

A) general government regulation 
B) specific government regulation 
C) cabinet-level federal department 
D) independent federal administrative agency 
A) general government regulation 
B) specific government regulation 
C) cabinet-level federal department 
D) independent federal administrative agency

Question 11

Which of the following is true of administrative agencies?

Accepted Answer

A) All administrative agencies directly answer to the president. 
B) Administrative agencies can be created by federal, state, and local governments. 
C) An existing administrative agency cannot administer a new law. 
D) A separate administrative agency must be created to enforce each law. 
A) All administrative agencies directly answer to the president. 
B) Administrative agencies can be created by federal, state, and local governments. 
C) An existing administrative agency cannot administer a new law. 
D) A separate administrative agency must be created to enforce each law.

Question 12

________ refers to the power that administrative agencies are granted,such as to investigate and prosecute possible violations of statutes,administrative rules,and administrative orders.

Accepted Answer

A) Judicial authority 
B) Legislative power 
C) Executive power 
D) Administrative subpoena 
A) Judicial authority 
B) Legislative power 
C) Executive power 
D) Administrative subpoena

Question 13

The decisions issued by an administrative law judge are in the form of administrative orders.

Accepted Answer

A) True 
 B)False

Question 14

An ALJ's (Administrative law judges)decision is issued in the form of a(n)________.

Accepted Answer

A) jury instruction 
B) petition 
C) administrative procedure 
D) administrative order 
A) jury instruction 
B) petition 
C) administrative procedure 
D) administrative order

Question 15

A(n)________ refers to a rule issued by an administrative agency that defines existing statutory language.

Accepted Answer

A) interpretive rule 
B) operational code 
C) substantive rule 
D) statement of policy 
A) interpretive rule 
B) operational code 
C) substantive rule 
D) statement of policy

Question 16

Local administrative agencies are agencies created by cities,municipalities,and counties to administer local regulatory law.

Accepted Answer

A) True 
 B)False

Question 17

All state regulatory laws are drafted by the federal government and then adopted by the state.

Accepted Answer

A) True 
 B)False

Question 18

Which of the following is a provision of the Freedom of Information Act?

Accepted Answer

A) It allows public admission to the day-to-day workings of an administrative agency. 
B) It protects persons from harassment by federal administrative agencies. 
C) It opens most federal administrative agency meetings to the public. 
D) It gives the public access to documents in the possession of federal administrative agencies. 
A) It allows public admission to the day-to-day workings of an administrative agency. 
B) It protects persons from harassment by federal administrative agencies. 
C) It opens most federal administrative agency meetings to the public. 
D) It gives the public access to documents in the possession of federal administrative agencies.

Question 19

Cabinet members of cabinet-level federal departments are chosen directly by the president.

Accepted Answer

A) True 
 B)False

Question 20

Decisions reached by an administrative law judge are final and cannot be appealed.

Accepted Answer

A) True 
 B)False

Exam 43: Administrative Law and Regulatory Agencies

The Administrative Procedure Act establishes procedures that industries and businesses must follow when conducting their affairs.

The Securities and Exchange Commission (SEC),which regulates the issuance and trading of securities,is an example of a federal independent agency.

Which of the following are responsible for enforcing specific administrative statutes enacted by Congress?

Which of the following is true of a substantive rule?

________ consists of laws that regulate particular industries.

The U.S.Equal Employment Opportunity Commission enforcing equal opportunity in employment laws is an instance of general government regulation.

Regulatory statutes can be known as administrative laws.

The power to investigate and prosecute possible violations of statutes,administrative rules,and administrative orders is the judicial power granted to administrative agencies.

Administrative agencies do not have to comply with the Due Process Clause of the U.S.Constitution when adjudicating cases of violation.

The Federal Communications Commission issues licenses and regulates the operation of television and radio stations.This is an example of a(n)________.

Which of the following is true of administrative agencies?

________ refers to the power that administrative agencies are granted,such as to investigate and prosecute possible violations of statutes,administrative rules,and administrative orders.

The decisions issued by an administrative law judge are in the form of administrative orders.

An ALJ's (Administrative law judges)decision is issued in the form of a(n)________.

A(n)________ refers to a rule issued by an administrative agency that defines existing statutory language.

Local administrative agencies are agencies created by cities,municipalities,and counties to administer local regulatory law.

All state regulatory laws are drafted by the federal government and then adopted by the state.

Which of the following is a provision of the Freedom of Information Act?

Cabinet members of cabinet-level federal departments are chosen directly by the president.

Decisions reached by an administrative law judge are final and cannot be appealed.

Legal Environment of Business and Online Commerce

Courts and Jurisdiction

Judicial, alternative, and Online Dispute Resolution

Constitutional Law for Business and E-Commerce

Intentional Torts and Negligence

Product and Strict Liability

Intellectual Property and Cyber Piracy

Criminal Law and Cyber Crime

Nature of Traditional and E-Contracts

Agreement

Consideration and Promissory Estoppel

Capacity and Legality

Genuineness of Assent and Undue Influence

Statute of Frauds and Equitable Exceptions

Third-Party Rights and Discharge

Remedies for Breach of Traditional and E-Contracts

Digital Law and E-Commerce

Formation of Sales and Lease Contracts

Title to Goods and Risk of Loss

Remedies for Breach of Sales and Lease Contracts

Warranties

Creation of Negotiable Instruments

Holder in Due Course and Transferability

Liability, defenses, and Discharge

Banking System and Electronic Financial Transactions

Credit, mortgages, and Debtors Rights

Secured Transactions

Bankruptcy and Reorganization

Agency Formation and Termination

Liability of Principals, agents, and Independent Contractors

Employment, worker Protection, and Immigration Law

Labor Law

Equal Opportunity in Employment

Small Business, entrepreneurship, and General Partnerships

Limited Partnerships and Special Partnerships

Corporate Formation and Financing

Corporate Governance and the Sarbanes-Oxley Act

Corporate Acquisitions and Multinational Corporations

Limited Liability Companies and Limited Liability Partnerships

Franchises and Special Forms of Businesses

Investor Protection, e-Securities, and Wall Street Reform

Ethics and Social Responsibility of Business

Consumer Protection and Product Safety

Environmental Protection

Antitrust Law and Unfair Trade Practices

Personal Property, real Property, and Insurance

Real Property

Landlord-Tenant Law and Land Use Regulation

Insurance

Accountants Duties and Liability

Wills, trusts, and Estates

Family Law

International and World Trade Law

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