An executive order is
A. an emergency power Congress grants to the president for brief times during national crises.
B. a presidential decree that stays in effect for only a fixed and limited period of time unless subsequently approved by Congress.
C. a presidential decree exclusively used to implement policies mandated by Supreme Court decisions.
D. a proposal for new legislation, which the president places before Congress in hopes of securing its approval.
E. a presidential decree that has the force of law but does not need approval by Congress.
Answer: E
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Select the correct benefits and drawbacks to a floating exchange rate:
a. Supply and demand are market driven but governments can manipulate value by either printing money or removing money from circulation. b. Could be used to replace domestic currency if it is weak, financial institutions are suspicious, and the dollar is strong. c. Could do very well if tied to a strong currency but suffers from vulnerability to other country’s recession. d. Could produce a private good economy but encourages a currency black market.
Which president initially proposed involving faith-based organizations in efforts to directly address social problems in the United States?
A. President George H. W. Bush B. President Bill Clinton C. President George W. Bush D. President Barack Obama
Except in matters governed by the federal Constitution or by acts of Congress, the law to be applied in any case is the law of the state. Moreover, whether the law of the state shall be declared by its legislature in a statute or by its highest court in a decision is not a matter of federal concern. This rule to be applied by the federal court system is found in
a. the federal Constitution. c. Erie Railroad Company v. Tompkins. b. Swift v. Tyson. d. the Uniform Commercial Code.
What is the impact of divided government on the president’s legislative agenda?
What will be an ideal response?