In Order to Be Upheld in Court, an Agency's Fact

question 23

Multiple Choice

In order to be upheld in court, an agency's fact finding must be supported by which of the following?

• A) Substantial evidence
• B) A rational basis
• C) Any evidence
• D) Reasonable evidence
• E) Non-hearsay evidence

---

Definitions:

Seller's Bank

A bank appointed by a seller, often in trade transactions, to handle the documentation and receipt of payment from the buyer.

Liability

A company's or individual's legal responsibility for their actions or the state of being legally obligated to settle a debt.

Negotiable Bill of Lading

A document issued by a carrier that guarantees the delivery of goods to a specified party and can be transferred by endorsement to others.

Seller's Bank

A financial institution that represents the seller in a transaction, particularly in international trade, by handling the receipt and processing of payment.