Substantive Rules Issued by an Administrative Agency Are Subject to Judicial

question 89

True/False

Substantive rules issued by an administrative agency are subject to judicial review.

---

Definitions:

Capital Structure

Capital structure refers to the way a corporation finances its assets through a combination of debt, equity, and hybrid securities.

Preferred Stock

A type of corporate ownership that ranks above common stock in terms of asset and earnings claims, typically carrying predetermined dividend payouts.

Common Stock

A form of corporate equity ownership, a type of security representing ownership in a corporation.

Market Price

The rate at which an asset or service is exchanged in a competitive marketplace.