Possible Future Liabilities Related to Pollution May Negatively Affect an Organization's

question 20

True/False

Possible future liabilities related to pollution may negatively affect an organization's ability to access credit.

---

Definitions:

Conduct

Refers to the manner in which a person behaves, especially in a particular place or situation, or the execution of an action.

Principal/Employer

The party in an agency relationship who authorizes another (the agent) to act on their behalf, or the entity that hires employees to perform work.

Liability

[Rephrased again] indicates a party's legal obligation to remedy a loss or damage caused to another, potentially involving restitution or reparations.

Employee

An individual hired by a company or another person to perform work in exchange for compensation.