Which of the Following Statements Is True About the Due

question 28

Multiple Choice

Which of the following statements is true about the due process clause?

• A) It prevents individuals from acting in an arbitrary manner.
• B) It applies to the actions of governmental bodies and individuals.
• C) It prevents public utilities from acting in an unreasonable manner.
• D) It does not prevent private individuals or corporations, including public utilities, from acting in an unreasonable manner.
• E) It applies only to the actions of individuals and businesses'.

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Definitions:

Exempt

To be free from an obligation or liability imposed on others.

1933 Act

Officially known as the Securities Act of 1933, this U.S. law regulates the offer and sale of securities to protect investors from fraud.

Securities Act Of 1933

A U.S. law that regulates the sale of securities to protect investors from fraudulent practices.

Public Purchaser

An entity, often a government or public institution, that buys goods or services for public use or benefit, typically through a bidding or procurement process.