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Although the First Amendment protects freedom of the press, the federal government has passed many laws regarding media communications.Discuss the differences in how the federal government regulates different kinds of media.In your answer, be sure to discuss the 1996 Telecommunications Act, the Communications Decency Act, and at least three regulations that grew out of the Federal Communications Commission's (FCC's) licensing power.
Fiduciary Duty
A legal obligation of one party to act in the best interest of another when entrusted with care of money or property, such as between trustees and beneficiaries.
Closely Held Corporation
A business corporation that has a small group of shareholders, with shares that are not publicly traded on stock exchanges.
Unfairly Prejudicial
Actions or decisions that unjustly or unfairly harm the interests of a particular party, often seen in corporate or business contexts.
Sole Shareholder
An individual or entity that owns 100% of the shares of a company, holding complete control over the business.
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