Can we draw the following hypothesis from the context (see options)? 

Context:

Well, the strongest First Amendment argument is about the retrospective extension, because of a fundamental change that occurs when Congress extends subsisting copyrights, rather than when Congress legislates prospectively. When Congress legislates prospectively, it has no way to know who's going to benefit from its extension.

Hypothesis: First Amendment has a z
Possible answers: (a). Yes. (b). It's impossible to say. (c). No.
(c).