Which of the Following Is an Example of Bycatching

question 16

Multiple Choice

Which of the following is an example of bycatching?

• A)Canadian fishermen switch to catching capelin because of the moratorium on cod fishing.
• B)Fishing fleets surround a marine reserve and try to capture any fish entering and leaving the reserve.
• C)A shark is captured and killed because it keeps swimming by a crowded public beach.
• D)A fishing fleet destroys a coral reef while they bottomtrawl for shellfish.
• E)Fishermen accidentally catch sea turtles while drift netting for pelagic fish.

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Definitions:

Sole Proprietorship

A business owned and operated by one person, where there is no legal distinction between the owner and the business entity.

Unlimited Life

Refers to corporations having a perpetual existence, not limited by time, allowing them to continue operations indefinitely unless dissolved.

Agency Problem

A conflict of interest arising between principals (owners/shareholders) and agents (company executives/managers), where the agent may make decisions that benefit themselves at the expense of the principals.

Partnership Agreement

A legal document that outlines the rights, responsibilities, and profit and loss distribution among partners in a business partnership.