Under the Small Business Liability Relief and Brownfields Revitalization Act

question 17

Multiple Choice

Under the Small Business Liability Relief and Brownfields Revitalization Act of 2002:

• A)a small businesss' exposure to CERCLA liability has diminished.
• B)both transporters and generators of a small amount of hazardous waste may not be liable under the "de micromis" defense if their contributions were small.
• C)landowners who own property contiguous to contaminated land are not liable unless they do contribute to it or fail to reasonably monitor the contamination.
• D)all of the above.
• E)none of the above.

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Definitions:

U.S. Dollar

The official currency of the United States, widely used as a standard of value and medium of exchange in international trade.

Euro

The official currency used by 19 of the 27 European Union countries, also known as the eurozone.

Current Ratio

A liquidity ratio that measures a company's ability to pay short-term obligations using its current assets.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within a year's time, including cash, inventory, and receivables.