May a Broadcast Station or Cable System Refuse to Sell

question 13

Essay

May a broadcast station or cable system refuse to sell advertising time to the first legally qualified candidate for the U.S.Senate who asks to buy time? Why or why not?

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Definitions:

Forward Trade

A non-standardized contract between two parties to buy or sell an asset at a specified future date for a price that is agreed upon today.

Spot Exchange Rate

The current price for exchanging one currency for another for immediate delivery, reflecting the value of one currency in terms of another at a specific moment in time.

Forward Trade

A financial contract agreement to buy or sell assets at a specified future date and price, used primarily in commodity and currency markets.

Forward Exchange Rate

The agreed upon exchange rate for a currency pair to be traded at a future date, used in hedging and speculation.