Bonds are less risky than are stocks because their return is more predictable.
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Answer:
a body of laws and legal principles (kinda like ethics) within a governing body (federal and state agencies). Congress delegates these agencies to make sure they are doing what they are suppose to do, it can create new laws as long as these new laws protects the public interest.
Some of these agencies consist of Federal Trade Commission , Securities and Exchange Commissions, and Environmental Protection Agencies (independent but in direct control of the President).
The Administrative Procedure Act provides the rules and powers these agencies are allowed to act upon.
***hopefully that helps***
Explanation:
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Explanation:
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The author used his word choice to darken the tone of this excerpt.