Five Procedural Requirements for Judicial Review of a Challenge to an Agency

question 310

Multiple Choice

Five procedural requirements for judicial review of a challenge to an agency decision are:

• A) jurisdiction, reviewability, standing, ripeness and exhaustion
• B) jurisdiction, standing, ripeness, exhaustion, and appealability
• C) reviewability, ripeness, exhaustion, diversity of action, and venue
• D) ripeness, exhaustion, jurisdiction, reviewability, and discretion
• E) none of the other choices

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Definitions:

Payback Period

The duration of time it takes for an investment to generate enough revenue to recover the initial cost of the investment.

Profitability Index

A measure used in capital budgeting to evaluate the profitability of an investment, calculated as the present value of future cash flows divided by the initial investment cost.

Discount Rate

The interest rate charged to commercial banks and other depository institutions for loans received from the Federal Reserve's discount window.