Which of the following statements are NOT true for biopiracy?
(A) It is the use of bio-resources by multinational companies with proper authorisation by the concerned country
(B) Developing countries are rich in biodiversity
(C) Developed countries are rich in traditional knowledge related to bio resources
(D) Biopiracy involves inadequate compensation and benefit sharing between developed and developing countries, while using latter's bioresources by the former
Choose the correct answer from the options given below: