You Change the Oil in Your Car Yourself and Dump

question 122

Multiple Choice

You change the oil in your car yourself and dump the used oil down the sewer drain that ultimately flows into the local river.Oil manufacturers know this in not an isolated occurrence,so should they be concerned?

• A)No,you paid for the oil and you can do with it as you like.
• B)No,the oil company will someday add a premium to the price to pay for oil cleanup in the environment.
• C)Yes,this is the type of situation that can get an oil company a lot of bad press.
• D)Yes,this is an issue of social responsibility because the polluted water affects others in the society at large.
• E)No,this is an issue solely between you and your neighbors.

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Definitions:

Risk Of Loss

The potential that an asset or investment will decrease in value or become entirely worthless.

Passage Of Title

The transfer of ownership rights from the seller to the buyer in a transaction.

Insurable Interest

A stake or financial interest in an item or person that allows the owner to purchase insurance against risks.

Pressure Washer

A mechanical device that uses high-pressure water spray to clean surfaces, removing dirt, grime, and other materials.