LGS 200 EXAM 1 REVIEW -ABIGAIL
HAMMOND QUESTIONS AND
ANSWERS 2025 ALREADY GRADED
A+ AND 100% ORIGINAL VERIFIED
Uniform Law - THE CORRECT ANSWER-A model law created by the
National Conference of Commissioners on Uniform State Laws
and/or the American Law Institute for the states to consider
adopting
-Each state has the option of adopting or rejecting all or part of
a uniform law
Uniform Commercial Code - THE CORRECT ANSWER-Facilitates
commerce among the states by providing a uniform, yet
flexible, set of rules governing commercial transactions
Administrative Law - THE CORRECT ANSWER-The body of law created
by administrative agencies (in the form of rules, regulations,
orders, and decisions) in order to carry out their duties and
responsibilities.
Administrative Agency - THE CORRECT ANSWER-A federal or state
government agency created by the legislature to perform a
specific function, such as to make and enforce rules pertaining
to the environment
, Regulations Govern: - THE CORRECT ANSWER-- a business's capital
structure and financing
- a business's hiring and firing procedures
- a business's relations with employees and unions
- the way a business manufactures and markets its products
Federal Agencies - THE CORRECT ANSWER-Organizations that deal
with a specific area of interest for the federal govt
Executive Agencies - THE CORRECT ANSWER-Federal agencies that
are part of the executive branch but outside the structure of
cabinet departments. Their heads typically serve at the pleasure
of the president and can be removed at the president's
discretion.
Independent Regulatory Agency - THE CORRECT ANSWER-An
administrative agency that is not considered part of the
government's executive branch and is not subject to the
authority of the president.
State and Local Agencies - THE CORRECT ANSWER-Often created as
parallels to federal agencies, Cannot conflict with U.S.
Constitution/Federal Statutes/Federal Regulations, Cannot
conflict with state
Case Law - THE CORRECT ANSWER-The rules of law announced in
court decisions; covers all law not covered by statutory or
administrative law
HAMMOND QUESTIONS AND
ANSWERS 2025 ALREADY GRADED
A+ AND 100% ORIGINAL VERIFIED
Uniform Law - THE CORRECT ANSWER-A model law created by the
National Conference of Commissioners on Uniform State Laws
and/or the American Law Institute for the states to consider
adopting
-Each state has the option of adopting or rejecting all or part of
a uniform law
Uniform Commercial Code - THE CORRECT ANSWER-Facilitates
commerce among the states by providing a uniform, yet
flexible, set of rules governing commercial transactions
Administrative Law - THE CORRECT ANSWER-The body of law created
by administrative agencies (in the form of rules, regulations,
orders, and decisions) in order to carry out their duties and
responsibilities.
Administrative Agency - THE CORRECT ANSWER-A federal or state
government agency created by the legislature to perform a
specific function, such as to make and enforce rules pertaining
to the environment
, Regulations Govern: - THE CORRECT ANSWER-- a business's capital
structure and financing
- a business's hiring and firing procedures
- a business's relations with employees and unions
- the way a business manufactures and markets its products
Federal Agencies - THE CORRECT ANSWER-Organizations that deal
with a specific area of interest for the federal govt
Executive Agencies - THE CORRECT ANSWER-Federal agencies that
are part of the executive branch but outside the structure of
cabinet departments. Their heads typically serve at the pleasure
of the president and can be removed at the president's
discretion.
Independent Regulatory Agency - THE CORRECT ANSWER-An
administrative agency that is not considered part of the
government's executive branch and is not subject to the
authority of the president.
State and Local Agencies - THE CORRECT ANSWER-Often created as
parallels to federal agencies, Cannot conflict with U.S.
Constitution/Federal Statutes/Federal Regulations, Cannot
conflict with state
Case Law - THE CORRECT ANSWER-The rules of law announced in
court decisions; covers all law not covered by statutory or
administrative law
