Substantive Administrative Laws Enforced by Administrative Agencies Are Akin to Statutes

question 77

True/False

Substantive administrative laws enforced by administrative agencies are akin to statutes in their legality.

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Definitions:

Savings Account

A bank account that earns interest on the deposited funds, offering a safe way to save money for future use.

Interest Rate

The percentage of a sum of money charged for its use, typically expressed as an annual percentage.

Economic Profit

The difference between a firm's total revenue and its opportunity costs, including both explicit and implicit costs.

Savings Account

A deposit account held at a bank or financial institution that provides principal security and a modest interest rate.