Final answer:
The statement "Keep Away from Waterways" is a Hazard Statement, which provides important safety information about the potential dangers and necessary precautions associated with using a pesticide.
Step-by-step explanation:
The statement "Keep Away from Waterways" found on a pesticide label is referred to as a b) Hazard Statement. This type of statement is intended to provide information about the potential dangers and proper precautions when using the chemical. Hazard statements are a key part of the labeling system for chemicals and are designed to alert users to the specific risks associated with a chemical's use, storage, or disposal. In this case, the statement warns users that the pesticide can be harmful to aquatic life and that it should not be allowed to enter waterways where it might contaminate water and affect the ecosystem.