Smith and Roberson’s Business Law
17th Edition
ISBN: 9781337094757
Author: Richard A. Mann, Barry S. Roberts
Publisher: Cengage Learning
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Question
Chapter 5, Problem 1CO
Summary Introduction
To discuss: The three fundamental functions of administrative agencies.
Expert Solution & Answer
Explanation of Solution
The fundamental functions of administrative agencies are as follows:
- Making of rules: It includes legislative rulemaking, formal rule making, informal rule making and hybrid rule making.
- Adjudicating controversies: The formal procedures utilized to solve a matter is called adjudicating controversies. It includes application of legal rules, formulating orders, finding facts etc.
- Enforcing law: Agencies are authorized to inspect particular conduct to determine whether the rules of agency legislative or the act have been violated.
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Explain THREE (3) ways in which an agency may come into existence
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Chapter 5 Solutions
Smith and Roberson’s Business Law
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- Objectives of comply or explain model of corporate governancearrow_forwardWhat are some effective strategies for managing the relationship between administrative agencies and the organizations they oversee?arrow_forwardDiscuss the legislative or rule-making power of administrative agencies.arrow_forward
- describe the purpose of administrative agencies. (if any outside sources are used please provide them)arrow_forwardDisadvantaged of comply or explain model of corporate governancearrow_forwardHow can organizations effectively navigate and manage relationships with administrative agencies to ensure compliance, foster collaboration, and achieve their strategic objectives?arrow_forward
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