Congress enacts a statute, the Federal Deposit Insurance Corporation (an administrative agency) issues rules, the Southeast Financial Institutions Association (a private organizations) issues instructions, South Valley Bank posts a memo with orders for its employees, and Tina tells her co-worker about a recent news story. Sources of law include

Question

Congress enacts a statute, the Federal Deposit Insurance Corporation (an administrative agency) issues rules, the Southeast Financial Institutions Association (a private organizations) issues instructions, South Valley Bank posts a memo with orders for its employees, and Tina tells her co-worker about a recent news story. Sources of law include​

Quizplus · Accepted Answer

The statute enacted by Congress and the rules issued by the administrative agency are both sources of law. Private organizations and employer memos may provide guidance or instructions, but they do not have the force of law. News stories may report on legal developments, but they are not themselves sources of law.

Congress Enacts a Statute, the Federal Deposit Insurance Corporation (An