Exxon Mobil Has Developed a Process for Converting Methanol (Methyl

question 20

Multiple Choice

Exxon Mobil has developed a process for converting methanol (methyl alcohol) into gasoline in a process called ________.

• A) MTBE (methyl tertiary butyl ether)
• B) TBA (tertiary butyl alcohol)
• C) ethanol-to-gasoline (ETG)
• D) methanol-to-gasoline (MTG)

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Definitions:

Personal Liability

The legal responsibility of an individual to settle debts or legal claims using personal assets.

Limited Liability Company

A firm's structure that integrates the aspect of limited liability similar to a corporation with the pass-through tax benefit akin to that of a partnership or sole proprietorship.

Corporate Veil

A legal concept that separates the actions and liabilities of a corporation from its shareholders, protecting them from personal liability.

Syndicate

A group of individuals or firms that join together to finance a project; also called an investment group.