Tax Certificates and Distress Sales Are Two Actions Permitted by the FCC

question 2

Multiple Choice

Tax certificates and distress sales are two actions permitted by the FCC primarily to

• A)allow owners of marginal stations to avoid bankruptcy.
• B)encourage group owners to diversify their holdings.
• C)increase the number of minority licensees.
• D)maintain stations in smaller communities.
• E)grandfather existing stations.

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Definitions:

ATP

Adenosine triphosphate, a molecule that carries energy within cells for metabolism.

Energy Currency

ATP (adenosine triphosphate), a molecule that stores and transfers energy within cells, making it possible for cells to perform their functions.

Macromolecules

Large molecules necessary for life, including proteins, nucleic acids, carbohydrates, and lipids.

Transistors

Semiconductor devices used to amplify or switch electronic signals and electrical power.