What Should Happen If the Results of the Environmental Study

question 1

Multiple Choice

What should happen if the results of the environmental study show that the production or use of the product will be detrimental to the environment?

• A) The design should be revised to reduce the environmental impact.
• B) The design team should submit an appeal to the EPA.
• C) The project should continue as planned if the manufacturer accepts liability.
• D) The project should be dropped.

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Definitions:

Risk Management

The transfer and distribution of risk.

Transfer and Distribution

The process of moving goods from one location to another and allocating them among parties or points of sale.

Antilapse Clause

A provision in a will or estate plan that specifies what happens to a gift if the beneficiary predeceases the donor, often allowing the gift to pass to the beneficiary's heirs.

Incontestability Clause

A part of an insurance contract that precludes an insurance company from challenging statements in an insurance application after a certain period of time.