Which of the Following Statements About the U

question 7

Multiple Choice

Which of the following statements about the U.N. Convention on the Law of the Sea (UNCLOS) is FALSE?

• A)The formation of UNCLOS was triggered as a result of industrialized countries' interest in removing manganese nodules from the ocean floor in the 1960s.
• B)Although the US has not ratified UNCLOS, but voluntarily observes its provisions.
• C)UNCLOS is considered a "constitution for the ocean," and its focus is the protection of ocean resources.
• D)UNCLOS was the first international treaty to regulate marine fishing by protecting "essential fish habitat" for more than 600 fish species, reducing overfishing, and minimizing bycatch.

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Definitions:

Registration Statement

A set of documents, including a prospectus, filed with the Securities and Exchange Commission for a company intending to issue new securities to the public.

Waiting Period

A designated time span that must pass before the coverage of an insurance policy begins or before a specific action is permitted.

Tombstone Advertisement

A simple and straightforward advertisement typically used in the finance sector to announce a public offering.

Waiting Period

A designated period of time one must wait before a certain action can be taken or a particular benefit becomes effective.