When the Comprehensive Environmental Response,Compensation,and Liability Act (CERCLA)several Additional Laws

question 38

Multiple Choice

When the Comprehensive Environmental Response,Compensation,and Liability Act (CERCLA) several additional laws were passed to fix problems that arose as a result of enforcing CERCLA.Which of the following statements is correct?

• A)The Superfund Amendments and Reauthorization Act (SARA)protected those who purchased land from becoming responsible for unknown hazardous waste sites if they use proper methods of evaluating the property.
• B)The Small Business Liability Relief and Brownfields Revitalization Act (SBLRBRA)allowed certain abandoned hazardous waste sites to be developed for a useful purpose.
• C)Superfund Amendments and Reauthorization Act (SARA)established the innocent landowner defense.
• D)All of these statements are correct.
• E)None of these statements is correct.

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Definitions:

Residual Income

The income that exceeds the required return on investment or minimum acceptable rate of return set by management.

Corporate Minimum Required Rate of Return

The lowest acceptable rate of return on an investment that a corporation deems sufficient for its operations and growth.

Division's Turnover

A financial metric that measures the revenue generated by a specific division of a company relative to its assets, used to evaluate the division's efficiency in generating sales.

Manufacturing Cycle Efficiency

A performance metric that evaluates the effectiveness of the manufacturing process, focusing on the proportion of value-added time to total lead time.