Which of the following statements describes the media's role in the self-regulation of advertising?

Question

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The media can refuse to accept individual ads they find offensive or objectionable. While the First Amendment protects the freedom of speech, it does not require the media to accept any and all advertising campaigns. The media has a responsibility to self-regulate and reject ads that may be harmful or unethical. However, they cannot refuse to accept advertising for an entire product class, such as hard liquor. The media is also not required by law to reject political ads, although they may choose to do so at their discretion. There are no regulations specifying that the media must reject ads targeted toward children and older adults, although they may choose to do so as part of their self-regulation.

Which of the Following Statements Describes the Media's Role in the Self-Regulation