Dillon's Rule Established in 1868 That Local Governments May Exercise

question 23

Multiple Choice

Dillon's Rule established in 1868 that local governments may exercise only those powers

• A)expressly granted to them by the state.
• B)clearly implied by the explicit powers.
• C)absolutely essential to the declared objectives and purposes of the local government.
• D)All of these choices.

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Definitions:

Date

A specific point in time, typically described with a day, month, and year.

Payee Name

The name of the individual or entity entitled to receive payment as indicated on a financial instrument, like a check or wire transfer.

Financial Services Modernization Act

Legislation enacted in 1999, also known as the Gramm-Leach-Bliley Act, which allowed integration among banks, securities companies, and insurance companies.

Customer Privacy

The protection of personal information shared by customers with businesses, ensuring that it is not misused or disclosed without consent.