Which Event in Business Regulatory History Permitted Government Intervention in Industry

question 36

Multiple Choice

Which event in business regulatory history permitted government intervention in industry affairs?

• A) The case of Munn v Illinois (1877)
• B) The Sherman Act of 1890
• C) The case of Nebbia v New York (1934)
• D) The creation of the Interstate Commerce Commission via the ?Interstate Commerce Act of 1887

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Definitions:

Unauthorized Check

A bank check that is issued without the account holder's approval or knowledge, potentially leading to fraud.

Overdraft Protection

A financial service that prevents checks, withdrawals, and other transactions from resulting in a negative account balance, often by linking to another account or providing a line of credit.

Federal Law

Laws passed by the national legislature of a country, applicable throughout the country.

Dishonored Check

A check that a bank refuses to pay, usually because the account holder does not have enough funds.