Using Concepts from Plate Tectonic Theory, Describe an Area That

question 61

Essay

Using concepts from plate tectonic theory, describe an area that should have many different types of geologic hazards and an area that should have few geologic hazards. NOTE: You do not have to give a specific geographic location, just give the general characteristics in terms of plate tectonic theory.

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Definitions:

FMV

Fair Market Value (FMV) is the estimated price at which an asset would change hands between a willing buyer and a willing seller, neither being under any compulsion to buy or sell and both having reasonable knowledge of relevant facts.

Basis

The amount paid for an asset, used to calculate gain or loss for tax purposes.

Form 1120

A tax form used by corporations in the United States to report their income, gains, losses, deductions, and credits to the IRS.

Fiscal Year

A fiscal year is a 12-month period used for accounting purposes and preparing financial statements, not always coinciding with the calendar year.