These regulations are issued by dozens of federal and state agencies that regulate virtually every aspect modern business life, including the natural environment, corporate finance, transportation, telecommunications, energy, labor relations, and trade practices. The administrative agencies derive t power to promulgate regulations from statutes passed by Congress or state legislatures. The agencies have a variety of powers. They can license companies to carry on certain activities or pro them from doing so, lay down codes of conduct, set rates that companies may charge for their services and supervise various aspects of business. EXERCISES 1. The Equal Employment Opportunity Commission seeks data about the racial composition of Terrific Textiles' labor force. Terrific refuses on the grounds that inadvertent disclosure of the numbers might cause certain "elements" to picket its factories. The EEOC takes Terrific to court to get the data. What is the result