Match the Most Appropriate Term to the Definition

question 41

Multiple Choice

Match the most appropriate term to the definition.
-Has limited power to overrule agency actions

• A)Enabling Act
• B)APA
• C)delegation doctrine
• D)make international treaties
• E)judicial branch
• F)grant pardons
• G)exhaust remedies
• H)faithful execution of laws
• I)Congress
• J)enforce statutory law

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Definitions:

Liabilities

Financial obligations or debts that a company owes to others, which must be settled over time through the transfer of economic benefits.

Current Liabilities

Obligations or debts a company is expected to settle within one fiscal year or its operating cycle, whichever is longer, including accounts payable and short-term loans.

Debt Guarantees

Debt guarantees refer to commitments made to pay back a loan or debt if the original borrower fails to do so, often provided by a third party.

Contingent Liabilities

Liabilities that may occur depending on the outcome of a future event.