What Is One Possible Consequence of Oil Spills and Other

question 54

Multiple Choice

What is one possible consequence of oil spills and other forms of mass water pollution?

• A) It will kill off edible sea life completely by 2048.
• B) Offshore drilling will become illegal in most countries.
• C) Killer whales will alter their migration routes to avoid the garbage.
• D) It will kill off all fish in the Gulf of Mexico by 2030.

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Definitions:

Journalize

The process of recording transactions in an accounting journal.

Par Common Stock

Par Common Stock refers to the nominal or face value assigned to common shares in the corporate charter, which has implications for stock issuance and accounting.

Stockholders' Equity

The stake of shareholders in a company, determined by subtracting the company's liabilities from its assets, signifying their claim on the company's resources.

Reacquired Shares

Shares that were issued and subsequently bought back by the issuing company.