Business and Personal Law

Chapter 18: Business and Regulations

Self Check Answers

Section 18.1

1. Commerce Clause in Article I of the United States Constitution
2. monetary investments that seek to make a profit solely because of another's efforts; corporate stocks, interests in savings and loans
3. business situation in which one person, company, or group of companies controls the market for a product or service

Section 18.2

1. Environmental Protection Agency
2. regulate energy industry; control the wholesale price of natural gas and electricity sold for use in interstate commerce; regulate interstate transport of electricity and natural gas
3. development of alternate forms of energy and strategies for dealing with shifts in the earth's climate; planning for oil shortages