LAW 1101 SCC Administrative Law Application Questions

LAW 1101Business Law
Application Questions for Administrative Law
Directions: Follow the instructions below to answer the
questions provided. You will then submit this file to the
dropbox included in the topic. MAKE SURE TO READ EACH
QUESTION ENTIRELY. The boxes will expand as you type, if needed.
1. Why regulate the economy at all? Administrative agencies have the power to create
regulations, to investigate businesses for compliance, and to enforce statutory and
administrative law. People disagree as to how much regulation is required, but most people
agree it is a practical necessity. Your book provides a variety of reasons as to why it may be
necessary to regulate the economy.
Select 3 reasons for regulation that are discussed in your book and that you find interesting.
Perhaps you agree or disagree with the author, or perhaps you hadn’t considered the topic
before. Keep in mind that even if you have no personal interest now, you will have an interest
when your business concerns are regulated in the future.
Do not merely list the reasons as to why it is necessary to regulate the economy. Write 2-3
sentences for each of the 3 reasons you selected. Your answer should demonstrate a clear
understanding as to why the economy is regulated. If you disagree with the author, you may
explain why. If you can not come up with 2-3 sentences for each “reason”, select additional
reasons to discuss.