Which of the Following Was the Result in Comcast Corp

question 25

Multiple Choice

Which of the following was the result in Comcast Corp.v.FCC,the case in the text addressing whether the FCC has the authority to regulate in Internet service provider's network management practices?

• A) The court struck down the order of the FCC at issue because the FCC had failed to provide the public sufficient time in which to comment.
• B) The court struck down the order of the FCC at issue because the FCC failed to allow all parties due process protection in relation to a hearing.
• C) The court struck down the order of the FCC at issue because it was not reasonably ancillary to the Commission's statutorily mandated duties.
• D) The court upheld the FCC's action and order.

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Definitions:

Cost Method

An accounting method used to value inventory or investments at their original purchase cost.

Equity Method

An accounting technique used by a company to record its investment in another company.

Unrealized Gain/Loss

A profit or loss that results from holding an investment that has not yet been sold, and thus, the gain or loss is not reflected in the financial statements.

Government Bonds

Debt securities issued by a government to support government spending, considered low-risk investments since they are backed by the taxing power of the issuing government.