In Real Life, Which of the Following Parallels the Tragedy

question 60

Multiple Choice

In real life, which of the following parallels the tragedy of the commons?

• A) pollution of rivers and streams
• B) littering in public places
• C) use and overuse of natural resources
• D) all of the choices are correct

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Definitions:

Ratified

Ratification refers to the formal approval or confirmation of an agreement or treaty, often after the act has been signed or provisionally applied.

Lease

A contractual agreement where one party, the lessor, grants the other party, the lessee, the right to use a property or asset for a specified period in exchange for rental payments.

Preference Shares

Shares of a company's stock with dividends that are paid out to shareholders before common stock dividends are issued.

Common Shares

Equity securities that represent ownership in a corporation, providing voting rights and a share in the company's profits through dividends.