The First FDA Approved Application of Biotechnology in Farm Animals

question 7

Multiple Choice

The first FDA approved application of biotechnology in farm animals did which of the following?

• A)It made beef cattle grow larger.
• B)Chickens were modified to lay more eggs.
• C)Bacteria were modified to carry a gene whose product was given to cows to increase milk production.
• D)Cows were genetically modified to produce more milk.

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Definitions:

Pledged Assets

Pledged assets are those items of value that are pledged as collateral for a loan or obligation, securing the repayment of the loan by providing the lender rights to the collateral in case of default.

Net Realizable Value

The estimated selling price in the ordinary course of business minus estimated costs of completion and applicable selling expenses.

Unsecured Non-priority Creditor

This type of creditor has a claim against the debtor that is not backed by collateral and does not have priority in bankruptcy proceedings.

Chapter 7 Liquidation

A process under the U.S. bankruptcy laws where a bankrupt company's assets are sold off to pay creditors.