The ________ Is a Market-Based System of Pollution Control Whereby

question 17

Multiple Choice

The ________ is a market-based system of pollution control whereby individual businesses can buy and sell emission credits even while the total level of industry pollution is capped at some level.

• A) cap and trade system
• B) priority shift system
• C) pollution credits transfer system
• D) trade up system
• E) None of these answers is correct.

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Definitions:

Dissolve

To disperse or disappear into a solution, or in a corporate context, to legally terminate a company.

Domestic Corporation

A corporation that is registered and operates within its country of incorporation.

State of Incorporation

The specific state within a country where a corporation is registered to operate, abiding by its legal framework and benefiting from its corporate laws.

Franchisor

An entity that grants the right to operate a business under its trademark and brand name to another party, known as the franchisee.