After Notice-And-Comment Rulemaking,the U

question 7

Multiple Choice

After notice-and-comment rulemaking,the U.S.Bureau of Land Management (BLM) issues a new rule and applies it to Clearcut Timber Company.Clearcut appeals the application to a federal court.The court will most likely defer to the BLM's interpretation of

• A)the facts and the law.
• B)the agency's authority.
• C)procedural requirements.
• D)the Constitution.

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Definitions:

Dividends

Payments made by a corporation to its shareholders, typically from profits, as a return on investment.

Corporate Income

The total income of a corporation derived from its operations and investments, subject to corporate taxes.

Stockholders

Individuals or entities that own shares in a corporation, granting them certain rights and potentially a share in the company’s profits.

Stock Dividends Distributable

A portion of a company's retained earnings that is allocated to be distributed to shareholders as additional shares of stock.