Legislation Enacted by Governmental Units Within the States (Cities and Counties)is

question 33

Multiple Choice

Legislation enacted by governmental units within the states (cities and counties) is called a(n) _____.

• A) common law
• B) administrative regulation
• C) ordinance
• D) treaty

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Definitions:

Branch of Government

A division of government with distinct responsibilities, such as executive, legislative, or judicial.

President and Congress

The executive and legislative branches of the United States government, respectively, with roles in making and enforcing laws.

Reserve Requirement

A regulation set by central banks that determines the minimum amount of reserves that must be held by a commercial bank.

Deposits

In banking, deposits refer to funds placed into an account which can be withdrawn by the account holder, often used for saving or transactional purposes.