Remote Disposal Company Operates a Hazardous Waste Storage Facility

question 24

Multiple Choice

Remote Disposal Company operates a hazardous waste storage facility.Concerned that there may be a release of chemicals from the site,Remote sells the property to Serene Developers,Inc.If there is a release,Remote is most likely

• A)liable.
• B)not liable because the site was sold before the release.
• C)not liable because Remote was concerned about the release.
• D)not liable because Remote no longer operates the facility.

---

Definitions:

Manufacturing

The process of converting raw materials or components into finished goods through the use of tools, human labor, machinery, and chemical processing.

Export

The sale and shipping of goods or services from one country to another.

Import

The act of bringing goods or services into a country from abroad for sale.

Zero-Sum Game

A situation in game theory where one participant's gain or loss is exactly balanced by the losses or gains of the other participants.