Which of the Following Statements Are Incorrect

question 34

Multiple Choice

Which of the following statements are incorrect?
i.When opposing reversible reactions occur at different rates,the faster reaction gradually becomes slower.ii.Equilibrium is established when forward and reverse reaction rates become equal
iii.In the development of a chemical equilibrium,the reverse reaction rate decreases over time until equilibrium is established

• A)iii only
• B)i and ii
• C)i and iii
• D)ii and iii
• E)i, ii, and iii

---

Definitions:

Voting Shares

Shares that give the shareholder the right to vote on matters of corporate policy and the election of the board of directors.

Carrying Value

The book value of an asset on a company’s balance sheet, calculated as its original cost minus accumulated depreciation or amortization.

Voting Shares

Another term for voting equity interests, specifically referring to shares that allow the shareholder to vote on corporate decisions.

Non-Operating Sources

Revenue or income that arises from activities not related to a company’s core business operations.