What Do We Mean by a Mass Extinction

question 41

Multiple Choice

What do we mean by a mass extinction?

• A) The extinction of a large fraction of the world's plant and animal species in a relatively short period of time
• B) The extinction of large animals, such as dinosaurs
• C) An extinction caused by the impact of an asteroid or comet
• D) The extinction of any species of plant or animal that has mass

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Definitions:

Credit

A mutual agreement in which a borrower receives something of value now and agrees to repay the lender at a later date with terms specified.

Owner's Equity

The residual interest in the assets of the entity after deducting liabilities, representing the ownership portion of a company's assets.

Asset

Resources owned or controlled by a company, expected to provide future economic value or benefits.

Owner's Capital

The amount of money and other assets owned by a business's owner after all liabilities have been deducted; also known as owner's equity.