Session:10 Government Regulation
Assessment Questions
Business Law I Essentials | Leadership Development – Micro-Learning Session
Rice University 2020 | Michael Laverty, Colorado State University Global Chris Littel, North Carolina State University| https://openstax.org/details/books/business-law-i-essentials
1. What is administrative law?
2. Administrative agencies are created by:
- The president.
- The judicial branch.
- The Constitution.
- Congress.
3. The FDA stands for:
- The First Drug Administration.
- The Federal Drug Administration.
- The Food and Drug Administration.
- The Food and Diet Administration.
4. Explain the goal of the Federal Trade Commission.
5. How does the FDA fulfill its role?
6. Who appoints leaders to run administrative agencies?
- The President.
- Congress.
- The judges.
- None of these are correct.
7. The process of assigning authority to administrative agencies is called:
- An assignment.
- A directive.
- A passing.
- A delegation.
8. What’s the role of an Administrative Law Judge (ALJ)?
9. The Bureau of Economics concentrates on all but the following:
- Consumer protection investigation.
- Rulemaking.
- Lower prices for consumers.
- Economic impact of government regulation.
10. Explain the purpose of the Administrative Procedure Act (“APA”).