Which of the Following Requires That Laws Be Enacted and Applied

question 11

Multiple Choice

Which of the following requires that laws be enacted and applied fairly and equitably, including procedural fairness when individuals challenge government infringements on their life, liberty, or property?

• A) Procedural due process
• B) Substantive due process
• C) Administrative due process
• D) Legislative due process

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Definitions:

Defined Contribution Plan

A type of retirement plan where the amount contributed is specified, but the future benefit amount is not guaranteed, depending on investment returns.

Risk-free Return

Risk-free return refers to the theoretical return on investment with zero risk, representing the return on the safest assets.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data points from their mean, commonly used to assess financial risk.

Defined Contribution Plan

A retirement savings plan where the amount contributed is specified, but the benefit received in the future depends on the performance of the investment options chosen.