​What Was the Purpose of the Sunshine Act of 1977

question 46

Multiple Choice

​What was the purpose of the Sunshine Act of 1977?

• A) ​To assign expiration dates to legislation or policy
• B) ​To simplify the language used in government policy
• C) ​To provide greater public transparency to government proceedings
• D) ​To allow Congress to review and change policy prior to its renewal

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Definitions:

Disclosure Statement

A document that outlines important information, terms, or conditions about a financial transaction or investment that must be known by all parties involved.

Risks

Potential events or actions that could cause harm or loss to an individual, organization, or project.

Fees

Payments made for professional services or the right to engage in certain activities or access specific services.

Franchise Agreement

A legal, binding contract between a franchisor and franchisee, outlining mutual rights and responsibilities in the franchise arrangement.