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LCN MIdterm

MidTerm Review March 2012

QuestionAnswer
What are the two types of speech? Pure: written or spoken word ; Symbolic: intend to send a particular message, likely to be understood by audience
What are the two types of restrictions on speech? Content based: what is said is restricted ; Content Neutral: Speech restricted without regard to content, Time, Place, Manner restrictions.
What three things must be shown to prove that the speech is incitement to violence? Intend to incite criminal action; That is imminent, and likely to result
What type of speech is UNPROTECTED, has NO safe harbor, and may even result in criminal penalties? Obscene Speech
WHat group was responsible for causing the RIAA to place warning stickers on albums? PMRC- Parents' Music Resource Center started by Tipper Gore
WHat is the name of the administrative body which regulates interstate communication by radio, wire, television and satellite? FCC- Federal Communications Commission. Group of cops started by congress. can be held for both civil and criminal penalties
What is the purpose of antitrust laws? To protect the economy and ensure competition.
Name three ways marketplace competition protects consumers. Lower prices, Better quality, Greater choice.
Does the Sherman Act Provide for criminal penalties, civil penalties or both? Both
What are the three elements of a consent degree? No admission of guilt, Cease anticompetitive conduct, Not vulnerable to private suit piggybacking.
what three elements must be satisfied to establish monopolization? Intent to control prices or destroy competition, Predatory or anticompetitive conduct, "Dangerous probability of success" in achieving monopoly.
Define "Market Power". The ability to affect market price.
Antitrust violations: Noncompetition Agreement; Tying; Grant-back Guarantee; Price fixing; customer Allocation Ageement; Bid Rigging
Define "Payola". The act of bribing radio stations in exchange for increased airplay of certain artist of songs. This includes money and other forms of consideration.
What is "Respondeat Superior"? When an employer is held liable for the acts of a borrowed servant
An employer is liable only if the employee's acts were committed within the... Scope of employment
define "Fiduciary duty" legal obligation between parties, must act in the best interest of another, arises automatically.
Define "Apparent agency" principal is held liable if a 3rd party is injured as a result of negligence
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