Which of the following is true about regulatory statutes?
A) A bill containing regulatory authority has to be passed by at least one house of the Congress.
B) After the bill containing regulatory authority is passed,it is assigned exclusively to an independent commission.
C) Statutes contain all the specific rules needed.
D) Federal regulation originates in an act of Congress.

Question

Quizplus · Accepted Answer

Federal regulation originates in an act of Congress. Regulatory statutes are laws created by the legislative branch of government to regulate certain activities, industries, or areas of the economy. These statutes give regulatory agencies the power to create rules and guidelines that must be followed in order to comply with the law. The regulatory agency responsible for implementing the statute is usually named in the statute itself, and is usually an executive branch agency rather than an independent commission.

Which of the Following Is True About Regulatory Statutes