The document discusses antibody diversity and the theories that account for it. It describes three main theories: 1) The Germ Line Theory, which proposes that all antibodies are coded by germ line genes. 2) The Somatic Mutation Theory, which holds that diversity is generated by mutation of a relatively small number of antibody genes. 3) The Gene Rearrangement Theory, which states that diversity results from rearrangement of variable region gene segments during B cell differentiation. The document also outlines several means of antibody diversification, including multiple gene segments and junctional diversity.