Which of the Following Reasons Best Explains the Creation of Administrative

question 3

Multiple Choice

Which of the following reasons best explains the creation of administrative agencies?

• A) Congress lacks the time to address all of the areas that it controls.
• B) Congress lacks the necessary expertise in all of the areas it controls.
• C) Congress does not have the power to regulate certain areas.
• D) Both that Congress lacks the time to address all of the areas that it controls and that Congress lacks the necessary expertise in all of the areas it controls.

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Definitions:

Securities

Financial instruments that represent an ownership position in a corporation (stock), a creditor relationship with a governmental body or a corporation (bond), or rights to ownership as represented by an option.

Shareholders' Best Interest

The principle that company management should operate in a way that enhances the value received by shareholders.

Proxy Fights

A strategy utilized by shareholders to influence a corporation's management and policies by attempting to vote in favor of their own proposals.

Threat of Takeover

A situation where a company is at risk of being acquired by another, which often influences its stock price and corporate strategies.