UOP LAW 531 Week 6 Final Exam Study Guide1
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) An agency’s rulemaking power would be classified as<br />
discretionary power rather than ministerial.<br />
c) The most important administrative agencies typically possess<br />
rulemaking powers but lack adjudicatory powers.<br />
d) Modern courts tend not to uphold the validity of broad<br />
delegations of power by Congress to administrative agencies.<br />
28. Which of the following is true of a person’s capacity to be a<br />
principal or an agent?<br />
a) To be an agent, a person must have the capacity to perform nondelegable<br />
obligations for the principal.<br />
b) To be an agent, a person must have the ability to make his own<br />
contracts, independent of the principal.<br />
c) A principal must have the capacity to do the acts for which the<br />
agent has been retained.<br />
d) Any duty that a principal has the capacity to perform can be<br />
delegated to an authorized agent.<br />
Complete Answers here Law <strong>531</strong> Entire Course<br />
29. The typical dissolution of a corporation requires approval of the<br />
_____.