Which of the Following Statements About Judicial Control Is INCORRECT

question 12

Multiple Choice

Which of the following statements about judicial control is INCORRECT?

• A)Arguably, it is the most rapidly expanding control over administration in recent years.
• B)Responsibility is always after the fact; that is, all courts can do is alleviate or punish wrongs that have already occurred.
• C)The court's power is not limited to federal agencies but extends to state prisons, police, and other institutions.
• D)The Supreme Court tends to oppose federal agencies more frequently than they support them.
• E)In some cases, parties may circumvent the administrative process and take their grievances directly to court.

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Definitions:

Discount on Bonds Payable

An amount by which a bond is sold below its face value, reflecting the difference between the market rate of interest and the bond's coupon rate.

Market Volatile

A description of how significantly and frequently the price of assets, securities, or commodities can change in a market.

Bonds Mature

The point in time when a bond's principal amount is due to be paid back to bondholders, ending the bond's life.

Straight-Line Method

The straight-line method is a depreciation technique that allocates an even amount of depreciation expense over the useful life of an asset.