Which of the following statements is true of regulation?

Question

Quizplus · Accepted Answer

Regulation is typically based on legislatively enacted statutes, which provide the legal framework for regulatory agencies to implement rules and standards. While some regulations may be enforced through judicial institutions, regulation itself is not implemented through the courts. Many regulatory agencies are independent commissions, which can help insulate them from political pressure, and regulation is largely a public process rather than a private one.

Which of the Following Statements Is True of Regulation