LEGL 2700 ROESSING EXAM 4 EXAM SCRIPT
2026 QUESTIONS WITH ANSWERS GRADED
A+
◉ Federal Aviation Administration (FAA). Answer: regulates civil
aviation to provide safe and efficient use of airspace
◉ Federal Communications Commission (FCC). Answer: regulates
interstate and international communications by radio, television,
wire, satellite and cable
◉ Federal Energy Regulatory Commission (FERC). Answer:
Promotes dependable, affordable energy through sustained
competitive markets.
◉ Federal Reserve Board (FRB). Answer: Regulates the availability
and cost of money and credit; the nation's central bank.
◉ Federal Trade Commission (FTC). Answer: protects the public
from anticompetitive behavior and unfair and deceptive business
practices
,◉ Food and Drug Administration (FDA). Answer: administers laws
to prohibit distribution of adulterated, misbranded, or unsafe food
and drugs
◉ Equal Employment Opportunity Commission (EEOC). Answer:
seeks to prevent discrimination in employment based on race, color,
religion, sex, or national origin and other unlawful employment
practices
◉ National Labor Relations Board (NLRB). Answer: conducts union
certification elections and hold hearings on unfair labor practice
complaints
◉ Occupational Safety and Health Administration (OSHA). Answer:
ensures all workers a safe and healthy work environment
◉ Securities and Exchange Commission (SEC). Answer: -enforces the
federal securities laws that regulate sale of securities to the
investing public
-protect people from investing in con-artists
-securities: investment, interest contract
-has both quasi-legislative and quasi-judicial powers
◉ Powers of Administrative Agencies. Answer: -Legislative: power to
create rules & regulations
,-Executive: power to investigate, prosecute, advise, supervise
-Judicial: power to decide controversies
◉ cease and desist order. Answer: an agency orders that a violator
stop the objectionable activity and refrain from any further similar
violations
◉ consent order. Answer: requires that the organization or
individual accused admit to the jurisdiction of the agency and waive
all rights to seek a judicial review
◉ Free Enterprise Fund v. Public Company Accounting Oversight
Board (PCAOB) (2010). Answer: -Free Enterprise Fund challenges
the creation of PCAOB and if it's constitutional or not -> Board
members are not subject to the appointed powers of the President of
the United States
-President has power to appoint individuals to help execute laws ->
can also fire them
-Individuals appointed to office must have accountability to the
president
-PCAOB protects Board members from removal except when a good
cause standard was met
-Court ruled the process of removal created by the Sarbanes-Oxley
Act for the PCAOB was UNCONSTITUTIONAL
, ◉ general counsel. Answer: -chief law officer and legal advisor
-requires Senate approval to meet
-represents the agency in court
-makes the decision to file a suit or pursue other remedies
-has significant impact on policy
◉ administrative law judges. Answer: -perform the adjudicative fact-
finding functions
-hear cases of alleged law violation and apply the law to facts
-use prior decisions
◉ immunity. Answer: judges are protected from liability for damages
based on their decision
◉ The Federal Administrative Procedure Act provides for judicial
review except where:. Answer: 1. statutes preclude judicial review
2. agency action is committed to agency discretion by law
◉ Constitutional Limitations to delegate quasi-legislative authority
to administrative agencies. Answer: 1. It must be definite
2. It must be limited
2026 QUESTIONS WITH ANSWERS GRADED
A+
◉ Federal Aviation Administration (FAA). Answer: regulates civil
aviation to provide safe and efficient use of airspace
◉ Federal Communications Commission (FCC). Answer: regulates
interstate and international communications by radio, television,
wire, satellite and cable
◉ Federal Energy Regulatory Commission (FERC). Answer:
Promotes dependable, affordable energy through sustained
competitive markets.
◉ Federal Reserve Board (FRB). Answer: Regulates the availability
and cost of money and credit; the nation's central bank.
◉ Federal Trade Commission (FTC). Answer: protects the public
from anticompetitive behavior and unfair and deceptive business
practices
,◉ Food and Drug Administration (FDA). Answer: administers laws
to prohibit distribution of adulterated, misbranded, or unsafe food
and drugs
◉ Equal Employment Opportunity Commission (EEOC). Answer:
seeks to prevent discrimination in employment based on race, color,
religion, sex, or national origin and other unlawful employment
practices
◉ National Labor Relations Board (NLRB). Answer: conducts union
certification elections and hold hearings on unfair labor practice
complaints
◉ Occupational Safety and Health Administration (OSHA). Answer:
ensures all workers a safe and healthy work environment
◉ Securities and Exchange Commission (SEC). Answer: -enforces the
federal securities laws that regulate sale of securities to the
investing public
-protect people from investing in con-artists
-securities: investment, interest contract
-has both quasi-legislative and quasi-judicial powers
◉ Powers of Administrative Agencies. Answer: -Legislative: power to
create rules & regulations
,-Executive: power to investigate, prosecute, advise, supervise
-Judicial: power to decide controversies
◉ cease and desist order. Answer: an agency orders that a violator
stop the objectionable activity and refrain from any further similar
violations
◉ consent order. Answer: requires that the organization or
individual accused admit to the jurisdiction of the agency and waive
all rights to seek a judicial review
◉ Free Enterprise Fund v. Public Company Accounting Oversight
Board (PCAOB) (2010). Answer: -Free Enterprise Fund challenges
the creation of PCAOB and if it's constitutional or not -> Board
members are not subject to the appointed powers of the President of
the United States
-President has power to appoint individuals to help execute laws ->
can also fire them
-Individuals appointed to office must have accountability to the
president
-PCAOB protects Board members from removal except when a good
cause standard was met
-Court ruled the process of removal created by the Sarbanes-Oxley
Act for the PCAOB was UNCONSTITUTIONAL
, ◉ general counsel. Answer: -chief law officer and legal advisor
-requires Senate approval to meet
-represents the agency in court
-makes the decision to file a suit or pursue other remedies
-has significant impact on policy
◉ administrative law judges. Answer: -perform the adjudicative fact-
finding functions
-hear cases of alleged law violation and apply the law to facts
-use prior decisions
◉ immunity. Answer: judges are protected from liability for damages
based on their decision
◉ The Federal Administrative Procedure Act provides for judicial
review except where:. Answer: 1. statutes preclude judicial review
2. agency action is committed to agency discretion by law
◉ Constitutional Limitations to delegate quasi-legislative authority
to administrative agencies. Answer: 1. It must be definite
2. It must be limited
