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How can it be that fish and seafood accounts for only 1% of all the calories consumed by humans yet there are quite a few species of fish that have declined in numbers due to overfishing? The UN estimates that 25% of fish stocks have been overfished and 50% fully exploited.Please compare figures 10.7.4 and 10.7.5 as part of your answer.
Legal Capital
The minimum amount of capital that a company is required to maintain as per law, to protect creditors and ensure that the company remains solvent.
Corporate Form
A legal structure of a business organization that is recognized as a separate legal entity, often characterized by limited liability for its owners and issuance of stocks.
Sole Proprietorship
A business structure where a single individual both owns and runs the company, often leading to simpler administrative requirements but unlimited personal liability.
Government Regulations
Laws and rules established by governmental agencies that businesses must follow to ensure compliance with standards and protections for consumers, employees, and the environment.
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