- Study guides, Class notes & Summaries

This WGU Business Law for Accountants D216 study guide is designed to help students understand the legal environment affecting accounting and business decisions. It includes verified questions and clearly explained answers covering contracts, agency, torts, business organizations, negotiable instruments, secured transactions, bankruptcy, ethics, and regulatory compliance. Carefully aligned with WGU D216 course competencies, this guide supports focused learning and confident exam preparation. Ide...

Business Law for Accountants Questions & Answers 2024/2025 Grade A+ Financial Stability Oversight Council - ANSWER-Created by Dodd-Frank to identify and respond to emerging risks in the financial system. Consumer Financial Protection Bureau (CFPB) - ANSWER-Created by Dodd-Frank. Supervises the activities of banks and nonbanks offering consumer financial products, mortgage lenders, and credit-card companies. Enabling legislation - ANSWER-A statute enacted by Congress that authorizes...

Constitutional Law - Law that is based on the US Constitution and the constitutions of the various states. Statutory Law - The body of law enacted by legislative bodies. Ordinances - A law passed by a local governing unit, such as a city of a county. Uniform laws (model statutes) - A model law created by the NCCUSL for states to consider adopting. Administrative Law - Consists of the rules, orders, and decisions of administrative agencies. Administrative Agency -A federal or state governm...