The Federal Administrative Procedure Act (As Amended) Requires Most Federal

question 123

Multiple Choice

The federal Administrative Procedure Act (as amended) requires most federal agencies to

• A)prohibit interest groups from influencing the rule-making process.
• B)set specific timelines for termination of regulations after legislative approval.
• C)reduce existing paperwork requirements and streamline the regulatory process.
• D)provide notice and opportunity for comment before implementing new regulations.
• E)seek formal congressional approval before new rules may go into effect.

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Definitions:

UCC

The Uniform Commercial Code encompasses a wide-ranging body of legal principles that control commercial transactions across the United States.

Installment Contract

An agreement where payment is made in parts over a period, typically for real estate or high-value items, until the total price is paid in full.

Substantial Impairment

A legal concept referring to a significant decrease in the value or function of something, often related to contractual performance or property condition.

Commercial Impracticability

A doctrine under contract law that excuses a party from performance of the contract when unforeseen events make the fulfillment extremely difficult or expensive.