Exam 15: Environmental-Law-And-Sustainability
Exam 1: Law-Value-Creation-And-Risk-Management60 Questions
Exam 2: Ethics-And-Law63 Questions
Exam 3: Sources of Law Courts and Dispute Resolution61 Questions
Exam 4: Constitutional Bases For Business Regulation60 Questions
Exam 5: Agency63 Questions
Exam 6: Administrative-Law55 Questions
Exam 7: Contracts62 Questions
Exam 8: Sales Licensing and-E Commerce64 Questions
Exam 9: Torts and Privacy Protection58 Questions
Exam 10: Product-Liability62 Questions
Exam 11: Intellectual-Property65 Questions
Exam 12: The Employment Agreement60 Questions
Exam 13: Civil Rights and Employment Discrimination62 Questions
Exam 14: Criminal-Law63 Questions
Exam 15: Environmental-Law-And-Sustainability64 Questions
Exam 16: Antitrust65 Questions
Exam 17: Consumer-Protection62 Questions
Exam 18: Real Property And Land Use64 Questions
Exam 19: Forms Of Business Organizations59 Questions
Exam 21: Public And Private Offerings Of Securities55 Questions
Exam 22: Securities Fraud And Insider Trading61 Questions
Exam 23: Debtor Creditor Relations And Bankruptcy66 Questions
Exam 24: International Law And Transactions69 Questions
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Compare the substantial continuity test in regard to successor liability with the mere continuation test.Which test is applied by the majority of states?
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(Essay)
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Correct Answer:
The substantial continuity test imposes successor liability when the purchaser of assets maintains the same business,with the same employees doing the same jobs,under the same supervisors,working conditions,and production process,and produces the same products for the same customers as the seller corporation.Under the mere continuation test,successor liability is imposed only when there is a single corporation after the transfer of assets with the same shareholders and directors before and after the acquisition.Most states apply the mere continuation test.
A fundamental element of the U.S.scheme of pollution control is the policy that the polluter pays.
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(True/False)
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Correct Answer:
True
Failure to comply with environmental laws can result in civil fines but not criminal penalties.
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(True/False)
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Correct Answer:
False
The Clean Water Act is inapplicable to ponds that are not adjacent to open water.
(True/False)
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The principal goal of the Clean Water act is to eliminate the discharge of pollutants into the non-navigable waters of the United States.
(True/False)
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Contractual arrangements to shift environmental liability between companies are binding on federal and state governments.
(True/False)
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The European Union,which had adopted the Kyoto Protocol,adopted a __________,which is a market-based system that limits the amount of carbon dioxide that companies are allowed to emit.
(Multiple Choice)
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Company X was responsible for 40 percent of the environmental pollutants on a hazardous waste site whereas Company Z was responsible for the remaining 60 percent.Under CERCLA,which of the following is true regarding the imposition of liability on the parties?
(Multiple Choice)
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The Paris Climate Agreement will take effect in 2023 as the 55 signatory countries begin public reporting of progress toward pollution reduction goals.
(True/False)
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Which of the following is required under the Clean Air Act?
(Multiple Choice)
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Massachusetts unveiled the first statewide cap-and-trade program to reduce greenhouse gases in the United States.
(True/False)
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Define the term "navigable waters" as used in the Clean Water Act.What does the U.S.Supreme Court say the term includes and excludes? Why was the U.S.Supreme Court concerned with limiting the scope of the term "navigable waters"?
(Essay)
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The increase in the buildup of carbon dioxide,methane,and other greenhouses gases in the atmosphere has increased global surface temperatures in 2016 to _____ degrees Celsius above preindustrial levels.
(Multiple Choice)
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Under the Clean Air Act,_____ is/are primarily responsible for choosing how to maintain the federally established air quality standards.
(Multiple Choice)
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The Resource Conservation and Recovery Act bans the disposal of hazardous wastes onto land without treatment to render them less hazardous.
(True/False)
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Which of the following hazardous household products are exempt from Resource Conservation and Recovery Act regulations?
(Multiple Choice)
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_____ concerns-that is,that decisions with environmental consequences should not discriminate against poor and minority communities-are often enforced by the federal government because such decisions usually require state or municipal permits.
(Multiple Choice)
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When can a corporate officer be held civilly liable under the Clean Water Act?
(Multiple Choice)
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