Compare and contrast “interpretative” and “legislative” regulations and briefly discuss why the courts are less likely to invalidate a legislative regulation.

The Treasury Department issues two types of regulations “interpretative” and “legislative”.   Compare and contrast “interpretative” and “legislative” regulations and briefly discuss why the courts are less likely to invalidate a legislative regulation.

Please post your response to this DQ by Day 3 of Week 3.

ACC 497 – Advanced Topics in Accounting Research