Let f be a bounded function on the real line IF!. One may characterize the structural properties off by the modulus of smoothness w(t,f) = sup{lf (4 -f( y)l; x, y E 08, I x y I < t>, and, if w(t) is a continuous nondecreasing function of t > 0 such that w(O) = 0, by the Lipschitz class Lip(w) which is the set of all continuous functions such that su~~<~<i w(t, f)/o(t) < 00. It is possible to ex...