The Shift to Pollution Prevention Will Most Likely Be the Result

question 17

Multiple Choice

The shift to pollution prevention will most likely be the result of

• A) bottom-up political pressure
• B) elected officials recognizing the benefits of sustainable living
• C) financial benefits of pollution prevention inspiring business leaders
• D) community cooperatives promoting the idea
• E) top-down politics starting at the White House

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Definitions:

Long-term Liabilities

Financial obligations of a company not due for more than one year; these include bonds payable, long-term loans, and lease obligations.

Financial Statements

Reports that provide an overview of a company's financial condition, including the balance sheet, income statement, and cash flow statement.

Market Rate Of Interest

The prevailing interest rate available in the marketplace for investments of similar risk and maturity.

Serial Bonds

A type of bond issue that is structured so that a portion of the bonds matures at different intervals over a period of time, facilitating the gradual repayment of the debt.