Which of the Following Was Not a Result of the 2009

question 75

Multiple Choice

Which of the following was not a result of the 2009 Copenhagen Summit?

• A) The meeting ended with no legally binding agreement between countries and no deadline set to reach one.
• B) The meeting ended with a legally binding agreement between countries to limit greenhouse emissions across the world.
• C) Wealthy nations agreed to provide annual funds to developing nations to help them integrate clean technology.
• D) The meeting marked the first time the developing world,including major polluters such as China,committed to reducing their carbon output.
• E) The meeting failed to set a global target for reducing greenhouse emissions.

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Definitions:

Amortize

The method of distributing a loan into a sequence of set payments across a duration, encompassing both the principal amount and interest.

End-of-Year Payments

Financial disbursements made at the conclusion of a calendar or fiscal year, often related to dividends, bonuses, or debt settlements.

Annual Interest Rate

The percentage increase in money owed or invested over a year, due to interest.

Amortize

The process of gradually paying off a debt or spreading the cost of an intangible asset over its useful life for accounting and tax purposes.