The Theory of Regulatory Behavior That Suggests That Regulators Must

question 271

Multiple Choice

The theory of regulatory behavior that suggests that regulators must consider the demands of legislators, consumers, and members of the regulated agency is called

• A) the capture theory.
• B) share-the-gains, share-the-pains theory.
• C) the natural theory.
• D) the creative theory.

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Definitions:

Carelessness

The lack of attention or consideration leading to mistakes or accidents.

Contract Law

The body of law that governs the formation, enforcement, and interpretation of agreements between parties.

Preparing Contracts

The process of drafting agreements between parties that outline the terms and conditions of their relationship or transaction.

Litigation Paralegals

Legal assistants who specialize in assisting lawyers during the process of litigation, including research, documentation, and preparation of case materials.