Whether a Statute Is Classed as Regulatory or Revenue-Raising Statute

question 49

Multiple Choice

Whether a statute is classed as regulatory or revenue-raising statute depends on the:

• A) intent of the legislature.
• B) enforceability of the contract.
• C) flexibility of the license.
• D) duration of the license.

---

Definitions:

Sociohistorical Context

The social and historical background that shapes cultures, societies, and individual behaviors and attitudes.

Theoretically Diverse

Referring to an approach or perspective that integrates and acknowledges a variety of theoretical frameworks or explanations.

Theoretically Consistent

Refers to a concept, idea, or hypothesis that aligns with the principles and assumptions of a particular theory or framework.

Heredity

The passing on of physical or mental characteristics genetically from one generation to another.