Which Statement About the FCC Is Correct

question 19

Multiple Choice

Which statement about the FCC is correct?

• A) The FCC was established in 1949 by President Harry Truman.
• B) The FCC licenses radio but not television stations.
• C) The FCC licenses television stations but not radio.
• D) The FCC does not regulate newspapers.

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Definitions:

UPA

The Uniform Partnership Act, a law in the United States that provides a basic framework for the operation of partnerships.

Full Capacity

The maximum level of output that a company can sustain to make a product or provide a service under normal circumstances.

Natural Person

An individual human being, as opposed to a legal entity such as a corporation or government.

Judicial Lien

A legal claim or hold on a debtor's property, granted by a court judgment, to ensure the payment of a debt or obligation.