Asked by Yujing Huang on Jul 06, 2024
Verified
Statutes that require proof of character and skill and impose penalties for violation are considered to be revenue raising in nature.
Statutes
Written laws enacted by a legislative body at the federal, state, or local level.
Revenue Raising
The process or measures taken by government or organizations to generate income, often through taxes, fees, or the sale of goods and services.
- Gain insight into what constitutes agreement violations based on legislative and court-made rules, including threats to public policy.
Verified Answer
RH
Rahat HashmiJul 08, 2024
Final Answer :
False
Explanation :
In general,statutes that require proof of character and skill and impose penalties for violation are considered to be regulatory in nature.Their requirements indicate that they were intended for the protection of the public.
Learning Objectives
- Gain insight into what constitutes agreement violations based on legislative and court-made rules, including threats to public policy.
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