If Congress Fails to Pass a Budget Before the Fiscal

question 2

Multiple Choice

If Congress fails to pass a budget before the fiscal year starts, then federal agencies may continue to operate only if Congress has passed a:

• A) balanced budget amendment.
• B) deficit reduction plan.
• C) conference resolution.
• D) continuing resolution.

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Definitions:

Lanham Act

A United States law enacted in 1946 that protects trademarks, service marks, and related intellectual property.

Regulation

Restrictions state and federal laws place on a business with regard to the conduct of its activities.

State and Federal Laws

The body of laws enacted by state and federal governments in the United States, governing a wide range of societal and business activities.

Business Conduct

The standards and practices that guide the behavior and operations of a company and its employees.