TS1424 when I try to purchase a song or video from I tunes store its says I am missing a itune component and I reinstall I tues and still notihing

I have been trying to puy a song from the I tune store and every time I do they say I am missing a component to complete. I have reinstall I tunes and still Nothing

Although you're getting a different error message, I'd try the following document with that one:
iTunes: Missing folder or incorrect permissions may prevent authorization

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