LEGL 2700 FINAL EXAM- TRIPP
QUESTIONS AND ANSWERS
Administrative Agency -
correct answer ✅A board, bureau, commission, or organization set
up by a federal state gov't
Creates rules or regulation and enforce laws that impact the legal
environment of business
Examples include FDA, EPA, and the Federal Reserve Board
How do administrative agencies get their power? -
correct answer ✅Legislative, Executive, and Judicial Branches
Reasons for Administrative Agencies -
correct answer ✅Specificity
Expertise
Protection
Regulation
,LEGL 2700 FINAL EXAM- TRIPP
QUESTIONS AND ANSWERS
Services
Functions of Agencies -
correct answer ✅Rule Making
Adjudicating
Advising
Investigating
Agencies: Rule Making -
correct answer ✅Quasi-legislative power
Regulations have the force and effect of law (MUST ALLOW FOR
PUBLIC COMMENT AFTER PROPOSING REGULATIONS)
Guidelines are advisory but do not have the force and effect of law
,LEGL 2700 FINAL EXAM- TRIPP
QUESTIONS AND ANSWERS
Agencies: Adjudicating -
correct answer ✅Quasi-Judicial Function: involves fact-finding and
applying the law to the facts, as well as making decisions like courts
do
Tools include Cease and Desist Order & Consent Order
Cease and Desist Order -
correct answer ✅ruling requiring a company to stop an unfair
business practice that reduces or limits competition
Consent Order -
correct answer ✅Order entered by the agency that is agreed upon
by the accused and requires the accused to waive rights to judicial
review
Settlement Agreement: business agrees to comply with the rules
and waiving rights to judicial review (Fines can be $10,000 a day)
Agencies: Advising -
correct answer ✅Reporting to the President
, LEGL 2700 FINAL EXAM- TRIPP
QUESTIONS AND ANSWERS
Recommending legislation to Congress
Reporting to the general public
Issuing Advisory Opinions to Businesses or Individuals
Not binding
Agencies: Investigating -
correct answer ✅Investigate activities and practices that may be
illegal
Subpoena powers to require reports, examine witnesses under
oath and examine documents
Organization of Agencies -
correct answer ✅Agencies, Boards, or Commissions consist of 5-7
members (One member is appointed as chairperson)
Appointments require Senate confirmation
QUESTIONS AND ANSWERS
Administrative Agency -
correct answer ✅A board, bureau, commission, or organization set
up by a federal state gov't
Creates rules or regulation and enforce laws that impact the legal
environment of business
Examples include FDA, EPA, and the Federal Reserve Board
How do administrative agencies get their power? -
correct answer ✅Legislative, Executive, and Judicial Branches
Reasons for Administrative Agencies -
correct answer ✅Specificity
Expertise
Protection
Regulation
,LEGL 2700 FINAL EXAM- TRIPP
QUESTIONS AND ANSWERS
Services
Functions of Agencies -
correct answer ✅Rule Making
Adjudicating
Advising
Investigating
Agencies: Rule Making -
correct answer ✅Quasi-legislative power
Regulations have the force and effect of law (MUST ALLOW FOR
PUBLIC COMMENT AFTER PROPOSING REGULATIONS)
Guidelines are advisory but do not have the force and effect of law
,LEGL 2700 FINAL EXAM- TRIPP
QUESTIONS AND ANSWERS
Agencies: Adjudicating -
correct answer ✅Quasi-Judicial Function: involves fact-finding and
applying the law to the facts, as well as making decisions like courts
do
Tools include Cease and Desist Order & Consent Order
Cease and Desist Order -
correct answer ✅ruling requiring a company to stop an unfair
business practice that reduces or limits competition
Consent Order -
correct answer ✅Order entered by the agency that is agreed upon
by the accused and requires the accused to waive rights to judicial
review
Settlement Agreement: business agrees to comply with the rules
and waiving rights to judicial review (Fines can be $10,000 a day)
Agencies: Advising -
correct answer ✅Reporting to the President
, LEGL 2700 FINAL EXAM- TRIPP
QUESTIONS AND ANSWERS
Recommending legislation to Congress
Reporting to the general public
Issuing Advisory Opinions to Businesses or Individuals
Not binding
Agencies: Investigating -
correct answer ✅Investigate activities and practices that may be
illegal
Subpoena powers to require reports, examine witnesses under
oath and examine documents
Organization of Agencies -
correct answer ✅Agencies, Boards, or Commissions consist of 5-7
members (One member is appointed as chairperson)
Appointments require Senate confirmation
