Under the FCC's 2003 Ownership Rules,how Many TV Stations Would

question 10

Multiple Choice

Under the FCC's 2003 ownership rules,how many TV stations would one company have been allowed to own in the largest markets?

• A)one.
• B)two.
• C)three.
• D)eight.
• E)there is no limit.

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Definitions:

Bankruptcy Petition

A formal request filed in court for declaring bankruptcy, initiating the legal process addressing the petitioner’s debts.

Dischargeable Debts

Debts that can be eliminated through bankruptcy proceedings, releasing the debtor from further obligation.

Bankruptcy Code

A federal code consisting of statutes governing the process of legal insolvency in the United States, designed to resolve cases of individuals or entities that can no longer meet their financial obligations.

Liquidation

The process of converting assets into cash, often associated with dissolving a business and distributing its assets to claimants.