When an Entity's Net Emissions Are Greater Than the Permits

question 21

Multiple Choice

When an entity's net emissions are greater than the permits they hold,at the end of the year they may:

• A) purchase approved carbon offsets
• B) purchase unused emission permits from other entities
• C) have to pay a emissions fee to the government
• D) all of the above

---

Definitions:

Dissenting Shareholders

Shareholders who do not agree with certain corporate actions, such as mergers or acquisitions, and may have rights to receive payment for their shares.

Dissolution

The process of formally dissolving a legal entity, such as a corporation or partnership, and ceasing its operations.

Outstanding Debts

Financial obligations or amounts owed by a person or entity that are yet to be paid.

Creditors

Individuals, companies, or institutions to whom money is owed by debtors for goods or services that have been provided but not yet paid for.