Which Phase of a Due Diligence Environmental Review Typically Involves

question 2

Multiple Choice

Which phase of a due diligence environmental review typically involves a review of the public records, interviews and questionnaires with those familiar with the area, a visit to the site, and an analysis of any environmental records possessed by the seller?

• A)Phase I.
• B)Phase II.
• C)Phase III.
• D)Phase IV.

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Definitions:

Company Car

A vehicle provided by an employer for the business and sometimes personal use of an employee.

Engine

A machine designed to convert energy into useful mechanical motion.

Factory

A building or complex where goods are manufactured or assembled primarily by machines and workers.

Land

An asset representing real estate property, excluding buildings or structures, used in accounting as a long-term asset.