Costs Incurred to Reduce or Eliminate Pollution Are Commonly Known

question 46

Multiple Choice

Costs incurred to reduce or eliminate pollution are commonly known as:

• A)monitoring costs.
• B)abatement costs.
• C)on-site remediation costs.
• D)off-site remediation costs.
• E)hidden costs.

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Definitions:

Consideration

The bargained-for exchange; what each party gets in exchange for his or her promise under a contract.

Authority

The power or right to make decisions, give orders, and enforce obedience.

Principal

The main party to a transaction, such as the owner of a business, or the amount of money loaned or invested, excluding interest or profits.

Power of Attorney

A legal document authorizing one person to act on another's behalf in legal or financial matters.