Under Court Interpretation of the Comprehensive Environmental Response,Compensation,and Liability Act,lenders

question 149

Multiple Choice

Under court interpretation of the Comprehensive Environmental Response,Compensation,and Liability Act,lenders may be liable for clean-up costs of hazardous substances if:

• A)the lender is involved in managing property with hazardous wastes.
• B)the lender has a strong association with the property owner.
• C)the lender has treated the interest in the borrower's property as a long-term investment.
• D)All of the options are correct.
• E)the lender does not take action primarily to protect the credit they have extended.

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Definitions:

Social Resources

Assets, both material and nonmaterial, available within a community or society that individuals and groups can access for support.

Depression

A psychological condition marked by a continuous feeling of sadness or a lack of enthusiasm for things, leading to a substantial disruption in everyday life.

Anxiety

A psychological and physiological state characterized by cognitive, somatic, emotional, and behavioral components, which is often caused by the anticipation of a feared event or situation.

Women

A rephrased definition for Woman; refers to female adults in human species, highlighting their roles, challenges, and identities in society.