Which of the Following Is the Best Example of a Nonrenewable

question 25

Multiple Choice

Which of the following is the best example of a nonrenewable resource?

• A) forests
• B) oil
• C) solar power
• D) clean air

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Definitions:

Note Payable

A written agreement to pay a specified sum of money, plus interest, on a set date, representing a liability for the issuer.

Proceeds

The total amount of money received from a transaction before any deductions are made for costs or expenses.

Interest-Bearing

Referring to debt securities or loans that accrue interest over time, payable to the holder or lender.

Note Payable

A written promise to pay a specified amount of money, usually with interest, at a designated future date.