Which Development Was a Consequence of the Quiz-Show Scandal

question 25

Multiple Choice

Which development was a consequence of the quiz-show scandal?

• A)The patent pool was declared a monopoly and dismantled
• B)The networks could not keep control over programming, and the sponsors became the sole authority
• C)Quiz-show hosts were no longer allowed to have stock in the company
• D)It undermined Americans' belief in TV's democratic promise

---

Definitions:

Acquisition Cost

The total cost associated with acquiring an asset, including the purchase price and all related expenses necessary to bring the asset to a condition ready for its intended use.

Authorized Stock

Authorized stock is the maximum number of shares that a corporation is legally permitted to issue, as specified in its articles of incorporation.

Issued Stock

The total number of shares that a company has sold to investors and are currently outstanding.

Outstanding Stock

The number of shares that have been issued by a company and are held by investors, including both public shareholders and company insiders or officers.