Which of the Following Executive Agencies Was Created by Congress

question 9

Multiple Choice

Which of the following executive agencies was created by Congress in the aftermath of the financial crisis that began in 2008?

• A)Federal Reserve Board
• B)Department of Housing and Urban Development
• C)Council of Economic Advisers
• D)Consumer Financial Protection Bureau

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Definitions:

Died Testate

A legal term indicating that a person has died leaving a valid will that dictates the distribution of their estate.

Closely Held Corporation

A corporation that has a small number of shareholders, often characterized by its lack of public trade on stock exchanges and its tight-knit management.

Corporate Property

Assets owned by a corporation, which can include real estate, machinery, intellectual property, and other tangible and intangible assets.

Durable Power of Attorney

A legal document that grants a designated person the authority to make financial and/or health care decisions on behalf of someone else, even if the grantor becomes incapacitated.