When a Release of Hazardous Chemicals from a Site Occurs

question 20

True/False

When a release of hazardous chemicals from a site occurs, potentially responsible parties can avoid liability through transfer of ownership.​

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Definitions:

Pollution

The presence of contaminants in the natural environment that cause harm or discomfort to organisms and ecosystems.

Utility Function

A mathematical representation in economics of how a person ranks different bundles of goods according to their level of happiness or satisfaction.

Consumption Bundle

The collection of all the goods and services consumed by a given individual.

Satisfaction

The feeling of pleasure or contentment resulting from achieving one's goals or meeting one's needs and desires.