Question

1) Government agencies generally have power to do all but which of the following? Make definitions...

1) Government agencies generally have power to do all but which of the following?

  • Make definitions concerning acceptable and unacceptable parameters within the scope of the agency’s purpose.
  • Create a new agency in order to address important goals under the mandate of the law which created the agency.
  • Enforce substantive laws after following a predesignated procedural law process.
  • Enforce punishments for violators of public policy

2)

For the scenario below, determine the legality of the company's actions.

Ioncorp sells cabinets nationwide to the furniture company Blinkorp. It makes an agreement that Blinkorp will only sell Ioncorp cabinets in its warehouses.

3 )

Bekah is an adviser for the company Vicoltech, which deals heavily in investments. Bekah also advises several other clients in her state, but no clients outside of her state. Before the Dodd-Frank Act was passed, Bekah was exempt from registration and reporting requirements with the SEC. When the Dodd-Frank Act was passed:

  • Bekah was still exempt from the SEC’s reporting requirements.
  • Bekah was required to register with the SEC, but not required to report information to the SEC.
  • Bekah was required to begin reporting information to the SEC.

Homework Answers

Answer #1

1) Government agencies generally have power to do all but which of the following?

Create a new agency in order to address important goals under the mandate of the law which created the agency.

2)For the scenario below, determine the legality of the company's actions.

This may be legal unnder the rule of reason: To exclusively sold Products

3 )Bekah is an adviser for the company Vicoltech, which deals heavily in investments. Bekah also advises several other clients in her state, but no clients outside of her state. Before the Dodd-Frank Act was passed, Bekah was exempt from registration and reporting requirements with the SEC. When the Dodd-Frank Act was passed:

Bekah was required to begin reporting information to the SEC.

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