Examlex

Solved

To Correct Abuses in the Financial Services Industry,Congress Passed an Act

question 44

Multiple Choice

To correct abuses in the financial services industry,Congress passed an Act in 2010 that included numerous provisions to reform the financial services industry.This Act was the


Definitions:

Arbitrary and Capricious Test

A standard of review used by courts to assess the decision-making process of an administrative agency, ensuring decisions were made logically and not randomly.

De Novo Review

A new; over again; a second time. A trial de novo, for example, is a new trial in which the entire case is retried.

Beyond Reasonable Doubt Review

A standard of proof used in criminal trials to ensure guilt is determined with a high level of certainty, indicating no reasonable doubt of the defendant's guilt.

Voluntary Compliance

The principle or practice of willingly adhering to laws, regulations, or guidelines without the need for enforcement actions.

Related Questions