Under the new oceanographic regulations, any mining corporation that holds a Deepwater Extraction Permit must submit an annual benthic ecosystem report to the regulatory commission. Any corporation that submits an annual benthic ecosystem report is authorized to operate autonomous dredging vehicles. However, no corporation that is authorized to operate autonomous dredging vehicles can qualify for the marine conservation tax credit. Furthermore, most mining corporations currently operating in the Abyssal Sector hold a Deepwater Extraction Permit.
Based on the regulations above, which of the following statements must be true? (Select all that apply)
- Any mining corporation that qualifies for the marine conservation tax credit does not hold a Deepwater Extraction Permit.Answer
- Most mining corporations currently operating in the Abyssal Sector do not qualify for the marine conservation tax credit.Answer
- CAny mining corporation that submits an annual benthic ecosystem report holds a Deepwater Extraction Permit.
- DMost mining corporations authorized to operate autonomous dredging vehicles currently operate in the Abyssal Sector.
- EAny mining corporation that does not hold a Deepwater Extraction Permit qualifies for the marine conservation tax credit.
Answer
The correct statements are that any corporation qualifying for the tax credit lacks a permit, and that most corporations in the Abyssal Sector do not qualify for the tax credit.
The correct options are logically proven by the text. The first correct option relies on the contrapositive of the stimulus rules: since holding a permit strictly guarantees losing the tax credit, qualifying for the credit guarantees a corporation does not hold a permit. The second correct option relies on chaining a quantifier with a universal rule: since most Abyssal Sector corporations hold a permit, and all permit holders lose the credit, most Abyssal Sector corporations lose the credit.
Step-by-Step Solution
Key Concept
Chaining formal conditional statements, forming contrapositives, and applying quantifiers to universal rules.