All of the Following Are True Regarding the Endangered Species

question 25

Multiple Choice

All of the following are true regarding the Endangered Species Act (ESA) , except:

• A)the act is sometimes called the "roadblock" statute.
• B)under the language of the statute, a "taking" includes actions against plants and animals that "harass, harm, pursue, hunt, shoot, wound, kill trap, capture, or collect...."
• C)under its statutory language, a landowner subject to the ESA cannot oppose it by claiming that it is a regulatory taking.
• D)it has been successfully used to halt major projects, such as building a dam and halting logging in old-growth forests.

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Definitions:

Retirement

The period in an individual's life after they have ceased working, typically marked by eligibility for pensions or social security benefits.

Present Value

The value today of a future lump sum or cash flow series, based on a given rate of return.

Effective Loan Rate

The actual cost of borrowing expressed as an annual rate, including interest, fees, and any other charges associated with the loan.

Future Value

The value of an investment or cash flow at a specified future date based on a certain interest rate.