CBS Attempted to Break a Story, During the 2004 Presidential

question 52

Multiple Choice

CBS attempted to break a story, during the 2004 presidential election, with documents, later deemed forgeries, about George W. Bush's service in the National Guard. High-interest stories like this reported by news organizations before their rivals can publish them are called __________.

• A) leaks
• B) scoops
• C) instant news
• D) yellow journalism

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Definitions:

Insolvent Company

A company that is unable to pay its debts as they come due, or whose liabilities exceed its assets in value.

Unsecured Liabilities

Debts or obligations that do not have specific assets pledged as collateral in case of default.

Federal Income Taxes

Taxes levied by the national government on annual income earned by individuals, corporations, trusts, and other legal entities.