Author Question: An enabling statute is a(n): a. federal law passed by Congress granting powers to an agency b. ... (Read 91 times)

jake · **on:** Jun 24, 2018

An enabling statute is a(n):
a. federal law passed by Congress granting powers to an agency
b. local law passed by the local legislature granting powers to an agency
c. state law passed by the state supreme court granting powers to an agency d. state law passed by the state legislature granting powers to an agency
e. unofficial mandate passed by Congress granting powers to an agency

Question 2

Capacity refers to:
a. a company's ability to extend credit to a customer b. the debtor's ability to pay
c. the debtor's financial condition d. the debtor's reputation
e. the debtor's assets to secure debt