Which of the Following Statements About Government Action Is False

question 71

Multiple Choice

Which of the following statements about government action is false?

• A)The government action requirement forces courts to distinguish between governmental behavior and private behavior.
• B)Private behavior will constitute state action where a government unit is directly responsible for the challenged private behavior because it has coerced such behavior.
• C)Government regulation and government funding have become increasingly more important factors in government action determinations.
• D)Most of the Constitution's individual rights provisions block only the actions of government bodies,federal,state,and local.

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Definitions:

Bargain Purchase Option

A clause in a lease agreement allowing the lessee to purchase the leased asset at the end of the lease term at a price significantly below its expected fair market value.

Executory Costs

Expenses related to executing a contract, such as maintenance and insurance costs, that are typically incurred over the contract's term.

FASB

The Financial Accounting Standards Board, responsible for establishing and improving financial accounting and reporting standards in the United States.