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.

Question

Quizplus · Accepted Answer

Tax certificates and distress sales are mechanisms used by the FCC to increase the number of minority licensees by providing incentives for the sale of broadcast stations to minority-owned entities.

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