Scientists Determined That African Elephants Are the Closest Living Relatives

question 27

True/False

Scientists determined that African elephants are the closest living relatives of the woolly mammoth based on fossil evidence, because DNA cannot yet be extracted from fossils of extinct species.

---

Definitions:

Exit Price

The amount one would earn from selling an asset or the cost to transfer a liability during a well-organized sale between parties in the market.

Forced Sale

A sale carried out under conditions where the seller is under pressure to dispose of an asset, often resulting in a lower sale price than under normal circumstances.

Due Diligence

The investigation or exercise of care that a reasonable business or person is expected to take before entering into an agreement or transaction with another party.

Covenant Waivers

Agreements that allow a borrower to avoid being in default on their loan covenants, often granted by a lender under certain conditions.