40. Congress cannot create new administrative agencies in response to new social
ID: 337429 • Letter: 4
Question
40. Congress cannot create new administrative agencies in response to new social problems and new technologies.
a. True
b. False
41. Legislative rules impact the conclusions or determinations of administrative agencies.
a. True
b. False
42. Interpretive rules issued to administrative agencies are guidelines only.
a. True
b. False
43. The primary purpose of government regulation of securities is to protect the public investors from fraud and other misleading acts in the investment in securities.
a. True
b. False
44. Blue Sky Laws are aimed to provide tax incentives to environmentally conscious corporations.
a. True
b. False
45. Disgorgement is compelling the return of illegally obtained money.
a. True
b. False
46. One purpose of the Securities Exchange Commission is to interpret case laws pertaining to the issuance and trading of securities.
a. True
b. False
Explanation / Answer
40. Congress cannot create new administrative agencies in response to new social problems and new technologies.
a. True
b. False
41. Legislative rules impact the conclusions or determinations of administrative agencies.
a. True
b. False
42. Interpretive rules issued to administrative agencies are guidelines only.
a. True
b. False
43. The primary purpose of government regulation of securities is to protect the public investors from fraud and other misleading acts in the investment in securities.
a. True
b. False
44. Blue Sky Laws are aimed to provide tax incentives to environmentally conscious corporations.
a. True
b. False
45. Disgorgement is compelling the return of illegally obtained money.
a. True
b. False
46. One purpose of the Securities Exchange Commission is to interpret case laws pertaining to the issuance and trading of securities.
a. True
b. False
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