The Obama Administration Has Recently Revised the CAFE Standards Affecting

question 14

Multiple Choice

The Obama administration has recently revised the CAFE standards affecting fuel economy of personal vehicles by mandating

• A)higher mileage four years sooner,in 2016.
• B)higher mileage in the same period,in 2020.
• C)lower mileage in the same period,in 2020.
• D)lower mileage about four years later,in 2024.

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Definitions:

Statutory Close Corporation Supplement

A legal provision that allows a closely held corporation to operate with fewer formalities and more flexibility than is typical under corporate law.

MBCA

Model Business Corporation Act, a model set of laws prepared by the Committee on Corporate Laws of the American Bar Association to guide states in the preparation of their corporate statutes.

Close Corporation

A type of business entity with a limited number of shareholders and restricted stock trading, often operated by family members or close associates.

Motion to Dismiss

A formal request to a court to dismiss a case on the grounds that it lacks basis for a lawsuit or is improperly filed.