FIU BUL6810 Chapter 15 Quiz

Question # 00008506 Posted By: mac123 Updated on: 02/15/2014 07:52 AM Due on: 02/28/2014
Subject Law Topic Business Law Tutorials:
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Question 1

  1. Laws addressing wilderness preservation, wildlife protection, coastal zone management, energy conservation, and national part designation are referred to as _______ laws.




5 points

Question 2

  1. Which of the following laws applies to pesticide products?




5 points

Question 3

  1. Toby is the commissioner of environmental matters for State X, the state with the cleanest air in the nation. U.S. Pollution Company wants to move into State X. Unfortunately, State X has had a severe economic downturn. Many of the citizens are ready to trade some environmental cleanliness for jobs. Toby is on the hot seat. The governor and others say that State X has done very well and has always beaten all other states in meeting national ambient air quality standards. In fact, State X is so far in compliance that Pollution Company could operate for many years before there was a problem. What would you suggest to Toby regarding compliance with the Clean Air Act?




5 points

Question 4

  1. ________ liability is the responsibility of an acquirer of corporate assets for the liabilities of the seller.




5 points

Question 5

  1. Which of the following is false regarding defenses to liability under CERCLA?




5 points

Question 6

  1. Environmental ________ is a systematic and ongoing process for determining whether property contains or emits hazardous substances and whether a company is in compliance with environmental laws




5 points

Question 7

  1. ________ is imposed upon the generator of hazardous waste by the Resource Conservation and Recovery Act.




5 points

Question 8

  1. Tina is the president of Bank X which holds a mortgage on a company found liable for illegal disposal of hazardous waste. The company has stopped paying on its loan to Bank X. Tina would like to foreclose, but she does not want the bank to become liable under CERCLA as an owner. What should she do?




5 points

Question 9

  1. The _______ occurs when individuals exploit a limited shared resource and contribute to its depletion knowing that there will be a detrimental impact in the long term.




5 points

Question 10

  1. Under CERCLA which of the following is true if the EPA does cleanup work?




5 points

Question 11

  1. Gretta is the CEO of a paper company built near a river used in interstate commerce although the state in which the company is located is land locked and not near the coast. Gretta determines that a significant amount of money needs to be spent to comply with the federal Clean Water Act. She is already in trouble with stockholders because of low profits and does not wish to spend extra money on pollution control. Therefore, she instructs employees to simply dump waste into the river. She was aware that she would be fired if the company received a heavy fine, but she decided to take the risk because she was in danger of being fired if profits did not come up anyway. Also, while Gretta believed that the Clean Air Act applied; Linda, a majority stockholder, told her that the Clean Water Act would not apply based upon the location of the plant. Is Linda correct in her argument that the Clean Water Act would not apply based upon the location of the plant?




5 points

Question 12

  1. Which of the following authorizes the federal government to take remedial action in response to a release of hazardous substances into the environment?




5 points

Question 13

  1. The Clean Air Act does not require which of the following?




5 points

Question 14

  1. What does the Superfund Recycling Equity Act do?




5 points

Question 15

  1. Which of the following was the result in New Jersey v. EPA, the case in the text involving whether the EPA violated the clean Air Act when it delisted electric utility steam generating units from the list of sources of mercury pollution listed in the Clean Air Act and instituted a cap-and-trade system whereby plants emitting more than their allotments of mercury could buy credits from other plants?




5 points

Question 16

  1. Under which of the following may a parent corporation be held liable under CERCLA for facilities ostensibly operated by a subsidiary?




5 points

Question 17

  1. What level of culpability does CERCLA require before authorizing an award of punitive damages against a polluter?




5 points

Question 18

  1. Company X was responsible for 40% of the environmental pollutants on a hazardous waste site whereas Company Z was responsible for the remaining 60%. Under CERCLA which of the following is true regarding the imposition of liability on the parties?




5 points

Question 19

  1. The management of hazardous waste is governed by the ____ as amended.




5 points

Question 20

  1. Which of the following laws governs the quality of drinking water served by public drinking-water systems?




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  1. Tutorial # 00008130 Posted By: mac123 Posted on: 02/15/2014 08:19 AM
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