If After an Administrative Hearing a Company Is Still Not

question 142

Multiple Choice

If after an administrative hearing a company is still not satisfied with the ruling of the Federal Trade Commission (FTC) , the next step is to:

• A) appeal the decision to the Court of Appeals
• B) hold a hearing before the full FTC
• C) appeal the decision to the Supreme Court
• D) hold a hearing before an administrative law judge

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Definitions:

Negotiable Instrument

A document that promises to pay a certain sum of money, which can be demanded at any time or on a fixed date, and allows the beneficiary to transfer this right to someone else.

Commercial Paper

An unsecured, short-term debt instrument issued by corporations, typically used for financing immediate needs.

Payment

The transfer of money, goods, or services as compensation or fulfillment of an obligation.

Demand Instrument

A type of draft that allows the payee to demand payment at any time from a holder.