Blue-Footed Boobies Have Webbed Feet and Are Comically Clumsy When

question 34

Multiple Choice

Blue-footed boobies have webbed feet and are comically clumsy when they walk on land. Evolutionary scientists view these feet as

• A) an example of a trait that is poorly adapted.
• B) the outcome of a trade-off: Webbed feet perform poorly on land but are very helpful in diving for food.
• C) an example of a trait that has not evolved.
• D) a curiosity that has little to teach us regarding evolution.

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Definitions:

Non-Free-Standing Subsidiaries

Entities that are significantly controlled or wholly owned by another firm but lack the independent structure or operations typically associated with subsidiary companies.

Held-to-Maturity Debt Securities

Financial instruments such as bonds that a company intends and is able to hold until they mature, rather than trading them.

Amortized Cost Basis

An accounting method that gradually reduces the cost value of a tangible or intangible asset through periodic amortization charges.

Fair Value

Fair value is the price at which an asset would be bought or sold in an orderly transaction between market participants at the measurement date.