Where an Enabling Statute Does Not Provide for Judicial Review

question 59

True/False

Where an enabling statute does not provide for judicial review of administrative agency actions,the Administrative Procedure Act authorizes judicial review of federal administrative agency actions.

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Definitions:

Invested

Invested pertains to the funds that have been allocated into financial instruments, assets, or business ventures with the goal of earning a return.

Rate of Return

A positive or negative variation in an investment’s worth over a set schedule, expressed as a percentage of what the investment initially cost.

Rate of Interest

The percentage charged on a loan or paid on savings over a period of time, indicating the cost of borrowing or the gain on savings.