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What is a Yellow Taxicab? correct answersTaxicabs are the only vehicles that have the right to pick up street-hailing and prearranged passengers anywhere in New York City. By law, there are 13,587 taxis in New York City and each taxi must have a medallion affixed to it. Medallions are auctioned by the City and are transferrable on the open market by licensed brokers. Agreeing to the Terms for TLC correct answers§58-12 Compliance with Law An Owner must ensure that all of Owner's Taxicabs in operation for hire are Validly licensed by the Commission and have a Valid Medallion attached to the vehicle. Operating a vehicle without a Valid registration will be considered the same as operating without a Valid TLC Driver License. The License of an Owner who operates a vehicle without a valid registration will be summarily suspended. What's a Medallion Roof Light? correct answers§58-34 Medallion Number on Roof Light. Roof Light. A roof light is required on all Taxicabs, as required by the Hack-Up specifications in Chapter 67; the Taxicab Owner must ensure compliance with the following: Controlled by Taximeter. The Taxicab Roof Light must be automatically controlled by the operation of the Taximeter so that it is lighted only when the Taximeter is in an off position and unlighted when the Taximeter is in a recording position. An Owner must not tamper with theoperation of the Taxicab's Roof Light. What are Trouble Lights? correct answers§58-34(d) Trouble Lights. An Owner must ensure that all Taxicabs bearing such Owner's Medallion(s) are equipped with a help or distress signaling light system meeting the requirements of §67-11 What's a Taximeter? correct answersA taximeter is a mechanical or electronic device installed in taxicabs that calculates passenger