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Which of the following assumptions must be made regarding the mark-recapture estimate of population size?
I. Marked and unmarked individuals have the same probability of being trapped.
II. The marked individuals have thoroughly mixed with the population after being marked.
III.No individuals have entered or left the population by immigration or emigration, and no individuals have been added by birth or eliminated by death during the course of the estimate.
Regulatory Control
The oversight and enforcement of rules and regulations by a governing body to ensure adherence to lawful standards and protect public interests.
Sole Proprietor
The single owner of an unincorporated business, personally responsible for all debts and obligations of the business.
Good Will
The favorable reputation of a business that adds to its value, often considered an intangible asset.
Partnership
A lawful business arrangement involving two or more people who divide management responsibilities and profits.
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