BACHELOR OF BUSINESS ADMINISTRATION

BUSINESS ADMINISTRATION

BUSINESS LAW

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Laws issued by a government agency are ____ laws.
A
Administrative
B
Custom
C
Regulatory
D
Statutory
Explanation: 

Detailed explanation-1: -Regulatory agencies serve two primary functions in government: they implement laws and they enforce laws. Regulations are the means by which a regulatory agency implements laws enacted by the legislature.

Detailed explanation-2: -A rule of order having the force of law, prescribed by a superior or competent authority, relating to the actions of those under the authority’s control. Regulations are issued by various federal government departments and agencies to carry out the intent of legislation enacted by Congress.

Detailed explanation-3: -These include the Federal Aviation Administration, the Federal Trade Commission, the Securities and Exchange Commission, the Food and Drug Administration, the Occupational Safety and Health Administration, and the Bureau of Alcohol, Tobacco and Firearms.

Detailed explanation-4: -Some of the important regulatory laws in india are: 1. The Factories Act, 1948, 2. The Industrial Disputes Act, 1947, 3. The Minimum Wages Act, 1948, 4.

Detailed explanation-5: -Administrative/Regulatory Law Examples include Environmental Protection Agency regulations as well as rules that govern the practice of medicine, law, engineering, and the like. Administrative laws are neither criminal nor civil but have the authority of law within their areas of jurisdiction.

There is 1 question to complete.