Odiferous Waste Company Is a Subsidiary of Precarious Investments,Inc

question 21

Essay

Odiferous Waste Company is a subsidiary of Precarious Investments,Inc.Odiferous op?erates a hazardous waste disposal site.QuikChem Corporation is one of many parties who generate waste disposed of at the site.Odiferous borrows money from Regal Bank,which takes over the site when Odiferous goes bankrupt.The Environmental Protection Agency discov?ers a leak at the site.Can any of these private parties be forced to pay for the clean up? If so,who?

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Definitions:

Ethical Egoism

A moral philosophy arguing that individuals should act in their own self-interest and that this is the only moral duty.

Altruistic Explanations

Theories or reasons provided for actions taken for the benefit of others, often without personal gain and sometimes at a cost to oneself.

Stoicism

A classical Greek philosophical approach that emphasizes cultivating self-discipline and resilience to conquer harmful feelings.

Virtue Ethics

An ethical theory that emphasizes the role of character and virtue in moral philosophy rather than either doing one’s duty or acting to bring about good consequences.