Which of the Following Is Not a Common Form of Legal

question 78

Multiple Choice

Which of the following is not a common form of legal organization for a small business?

• A) sole proprietorship
• B) sub chapter 5 corporation
• C) partnership
• D) corporation

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Definitions:

1996 Telecommunications Act

A significant overhaul of telecommunications law in the United States that aimed to deregulate the broadcasting and telecommunications markets.

FCC's Licensing Power

The authority of the Federal Communications Commission to grant, deny, and regulate broadcast licenses.

FCC

The Federal Communications Commission (FCC) is a government agency in the United States responsible for regulating interstate and international communications by radio, television, wire, satellite, and cable.

Licenses Radio

Regulatory authorization needed to operate radio stations or use radio frequencies, usually granted by a national telecommunication regulatory body.