Which Provides for the Agency's Fair and Efficient Operation

question 27

Multiple Choice

Which provides for the agency's fair and efficient operation?

• A) Administrative Agency Creation Act
• B) Procedure and Code of Federal Regulations Act
• C) Administrative Procedure Act
• D) Administrative Enabling Regulations Act

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Definitions:

Extinguishing

The act of putting an end to something, such as extinguishing a debt, a legal obligation, or a fire.

Dissolution

Dissolution is the process of formally ending the existence of a legal entity such as a company or partnership.

Winding Up

The process of dissolving a company by selling its assets, paying off creditors, and distributing the remaining assets to shareholders.

Liquidation

The process of closing a business and distributing its assets to claimants.