Which Classification of Administrative Rules Are Usually the Most Important

question 90

Multiple Choice

Which classification of administrative rules are usually the most important:

• A) interpretative
• B) agency
• C) procedural
• D) substantive
• E) none of the other choices are correct

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Definitions:

Loan Syndicates

Groups of banks or financial institutions that come together to provide a large loan to a single borrower, spreading the risk among them.

Partnerships

A business structure where two or more individuals share ownership, profits, and liabilities of the business.

Interest Rate

The cost of borrowing money or the return on invested funds, typically expressed as a percentage of the principal amount per annum.

Inclined To Invest

Having a predisposition or a favorable attitude towards making investments, often with the expectation of achieving a financial return.