Business & Finance Chapter 21 Superfund Liability Called The Problem Ofa Urban

subject Type Homework Help
subject Pages 10
subject Words 3197
subject Authors Al H. Ringleb, Frances L. Edwards, Roger E. Meiners

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273. Hazardous wastes are stored until disposal or treatment at:
a. storage facilities
b. transformation facilities
c. treatment facilities
d. disposal facilities
e. neutralizing facilities
274. Hazardous wastes are stored until disposal or treatment at:
a. neutralizing facilities
b. transformation facilities
c. treatment facilities
d. disposal facilities
e. none of the other choices are correct
275. Hazardous wastes are placed into water or land at:
a. storage facilities
b. transformation facilities
c. treatment facilities
d. disposal facilities
e. neutralizing facilities
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276. Hazardous wastes are placed into water or land at:
a. storage facilities
b. transformation facilities
c. treatment facilities
d. neutralizing facilities
e. none of the other choices are correct
277. The primary purpose of RCRA's manifest system is to:
a. provide a framework for documenting compensation to families injured by dangerous chemical wastes
b. provide a way to track hazardous wastes from their origin to their final destination
c. provide for a recording system to document the natural resources (including humans) adversely affected by a
particular hazardous waste
d. translate the Act's requirements to control hazardous wastes into specific individual firm requirements
e. translate the national effluent requirements into specific requirements for waste generators
278. The primary purpose of RCRA's manifest system is to:
a. provide a framework for documenting compensation to families injured by dangerous chemical wastes
b. translate the national effluent requirements into specific requirements for waste generators
c. provide for a recording system to document the natural resources adversely affected by a particular
hazardous waste
d. translate the Act's requirements to control hazardous wastes into specific individual firm requirements
e. none of the other choices
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279. A(n) is a RCRA required form that states the nature of a hazardous waste and identifies its origin, shipping
route, and final destination.
a. manifest
b. declaration
c. acceptance of responsibility
d. documentation of hazards
e. risk assessment
280. A(n) is a RCRA required form that states the nature of a hazardous waste and identifies its origin, shipping
route, and final destination.
a. risk assessment
b. declaration
c. acceptance of responsibility
d. documentation of hazards
e. none of the other choices are correct
281. Which of the following is true about the manifest required by the RCRA:
a. the nature of the hazardous waste must be stated
b. the origin of the hazardous waste must be stated
c. the shipping route of the hazardous waste must be stated
d. the transporter of the hazardous waste must have a copy
e. all of the other choices are correct
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282. Which of the following is NOT true about the manifest required by the RCRA:
a. the nature of the hazardous waste must be stated
b. the origin of the hazardous waste must be stated
c. the shipping route of the hazardous waste must be stated
d. the transporter of the hazardous waste must have a copy
e. all of the other choices are required
283. Which of the following is NOT true about the manifest required by the RCRA:
a. the nature of the hazardous waste must be stated
b. the economic value of the hazardous waste must be stated
c. the shipping route of the hazardous waste must be stated
d. the transporter of the hazardous waste must have a copy
e. all of the other choices are required
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284. Dano owns a waste disposal site. Armand Chemicals hires Cary Trucking to transport the Armand's hazardous
waste to the Dano disposal site. The regulatory obligations under the RCRA manifest system require that:
a. as transporter, Cary Trucking must create a manifest of the hazardous waste
b. as transporter, Cary Trucking must create a manifest, and as generator of hazardous waste, Armand must
sign a copy of that manifest and keep it for EPA's review
c. as owner of the disposal site, Dano must send a copy of the manifest they receive from Cary Trucking to the
EPA
d. if Armand is not informed of the safe disposal of its waste by receiving a signed copy of the manifest, it must
notify EPA
e. as the disposal site operator, Dano must create the manifest and provide copies to Cary, Armand, and the
EPA
285. The Comprehensive Environmental Response, Compensation, and Liability Act is called the:
a. Superfund
b. Comprehensive
c. Total Environment Act
d. Environment Fund
e. Extrafund
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286. The Superfund is funded by:
a. a tax on petroleum and chemical companies
b. government bonds
c. a general corporate income tax
d. fines levied against water polluters
e. all of the other choices are sources of funding
287. The Superfund is funded by:
a. the FICA tax
b. government bonds
c. a general corporate income tax
d. fines levied against water polluters
e. none of the other choices
288. The Comprehensive Environmental Response, Compensation, and Liability Act defines which of the following as
potentially responsible parties who can be held liable for cleanup costs and damages to natural resources from
hazardous wastes:
a. current owners of a hazardous waste site
b. prior owners of a site at the time of hazardous waste disposal
c. any hazardous was generator who arranged for disposal at the site
d. all of the other specific choices are correct
e. none of the other specific choices are correct
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289. Under Superfund, if there is a hazardous waste site, liability for cleaning it up is apportioned among responsible
parties according to:
a. EPA's rule that bills each party according to estimated portion of volume contributed
b. EPA's rule that bills each party according to estimated portion of toxic volume contributed
c. joint and several liabilities, whereby any one party could pay the entire bill
d. contribution rule, whereby each responsible party pays an equal portion of the entire bill
e. none of the other choices
290. Beehler bought a waste disposal site from Toxic Inc., which went bankrupt in 1975. Toxic had been dumping toxic
waste at the site since 1946. Beehler closed the old site and built another that complies with RCRA. In 2005, it was
discovered that the old site was leaking, which could pollute groundwater. Who might be a responsible party under
CERCLA for the clean up costs at the old site?
a. Beehler
b. any company that dumped at the site
c. any company that transported hazardous wastes to the site when it was operated by Toxic
d. owners of Toxic
e. all of the other choices are responsible parties
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291. Magnetics may buy a plant site in San Diego. Before it agrees to buy the site, what should it do to protect itself
from possible CERCLA liability?
a. check the history of companies that occupied the site to determine if they might have dumped toxic wastes
b. have an environmental audit performed for the property
c. check to see if the companies that occupied the property have been cited as responsible parties in CERCLA
actions
d. all of the other specific choices
e. none of the other choices; Magnetics is an innocent buyer not responsible for prior contamination
292. To protect themselves from having to pay for hazardous waste cleanup for waste generated by a previous owner,
many potential property buyers have a(n) performed on the property they wish to purchase.
a. environmental audit
b. risk audit
c. environmental evaluation
d. environmental risk assessment
e. environmental condition assessment
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293. The fact that many old industrial areas have become abandoned and firms do not wish to buy the land for future
use because of potential Superfund liability is called the problem of:
a. urban blight
b. urban Superfunds
c. urban toxic abandonment
d. brownfields
e. none of the other choices
294. The problem of brownfields is partially addressed by the:
a. Brownfields Limited Liability Act
b. Brownfields Redemption Act
c. Brownfields Revitalization Act
d. Brownfields Clean Up Act
e. Brownfields Restoration Act
295. The most important law that addresses protection for all wildlife and plants is:
a. the Migratory Bird Treaty Act
b. the United Nations Law of the Sea Treaty
c. the Anadromous Conservation Act
d. the Endangered Species Act
e. the Treaty of Rio
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296. The most important law that addresses protection for all wildlife and plants is:
a. the Migratory Bird Treaty Act
b. the United Nations Law of the Sea Treaty
c. the Anatropous Conservation Act
d. the Treaty of Rio
e. none of the other choices
297. The Endangered Species Act was fist enacted in:
a. 1960
b. 1967
c. 1973
d. 1983
e. 1990
298. The is the agency with primary responsibility for the Endangered Species Act.
a. Fish and Wildlife Service
b. Bureau of Land Management
c. Environmental Protection Agency
d. National Park Service
e. People for the Ethical Treatment of Animals
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299. The is the agency with primary responsibility for the Endangered Species Act.
a. People for the Ethical Treatment of Animals
b. Bureau of Land Management
c. Environmental Protection Agency
d. National Park Service
e. none of the other choices are correct
300. Under the Endangered Species Act, the is authorized to declare species of animal or plant life endangered.
a. Secretary of Animal and Plant Affairs
b. Secretary of Defense
c. Secretary of the Bureau of Land Management
d. Secretary of the Interior
e. Secretary of State
301. Under the Endangered Species Act, the is authorized to declare species of animal or plant life endangered.
a. Secretary of Animal and Plant Affairs
b. Secretary of Defense
c. Secretary of the Bureau of Land Management
d. Secretary of State
e. none of the other choices are correct
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302. Under the Endangered Species Act, the is authorized to establish critical habitat for endangered species.
a. Secretary of Animal and Plant Affairs
b. Secretary of Defense
c. Secretary of the Bureau of Land Management
d. Secretary of the Interior
e. Secretary of State
303. Under the Endangered Species Act, the is authorized to establish critical habitat for endangered species.
a. Secretary of Animal and Plant Affairs
b. Secretary of Defense
c. Secretary of the Bureau of Land Management
d. Secretary of State
e. none of the other choices are correct
304. In practice, the focus of the Endangered Species Act is on:
a. the purchase of habitat by the Fish and Wildlife Service to expand breeding ranged for endangered species
b. the elimination of hazards, such as pesticides and herbicides, that threaten endangered species
c. breeding programs, often in captivity, to preserve the genetic stock of endangered species
d. stopping or altering activity on private or public land when endangered species are present
e. all of the other choices are part of the active programs initiated by Congress to protect species
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305. In practice, the focus of the Endangered Species Act is on:
a. the purchase of habitat by the Fish and Wildlife Service to expand breeding ranged for endangered species
b. the elimination of hazards, such as pesticides and herbicides, that threaten endangered species
c. breeding programs, often in captivity, to preserve the genetic stock of endangered species
d. all of the other choices are part of the active programs initiated by Congress to protect species
e. none of the other choices
306. In Babbitt v. Sweet Home, involving logging of areas where the spotted owl nested, the Supreme Court held that
the:
a. northern spotted owl was no longer an endangered species
b. habitat protection is a key part of the specie protection
c. Secretary of Interior overstepped his authority in defining harm as habitat destruction
d. authority to regulate the habitat of the northern spotted owl belonged to the EPA, not the Department of
Interior
e. northern spotted owl's habitat did not satisfy cost-benefit calculations
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307. In Babbitt v. Sweet Home, involving logging of areas where the spotted owl nested, the Supreme Court held that
the:
a. northern spotted owl was no longer an endangered species
b. government must compensate logging companies economically affected by the ban on logging in the area to
protect the owl
c. Secretary of Interior overstepped his authority in defining harm as habitat destruction
d. authority to regulate the habitat of the northern spotted owl belonged to the EPA, not the Department of
Interior
e. none of the other choices
308. In Babbitt v. Sweet Home, involving logging of areas where the spotted owl nested, the Supreme Court held that
the Endangered Species Act:
a. only applies to the killing or injuries of species
b. defines "takings" as killing, injuring, or removing endangered species
c. allowed logging to be stopped while habitat protection was planned
d. gave authority to regulate endangered specie to the EPA, not the Department of Interior
e. requires cost-benefit calculation when restrictions on economic activity are proposed to save a specie
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309. In Babbitt v. Sweet Home, involving logging of areas where the spotted owl nested, the Supreme Court held that
the Endangered Species Act:
a. only applies to the killing or injuries of endangered species
b. only applied to the killing, injuring, or removing of endangered species
c. requires cost-benefit calculation when restrictions on economic activity are proposed to save a specie
d. gave authority to regulate endangered species to the EPA, not the Department of Interior
e. none of the other choices
310. In In re Polar Bear Endangered Species Act Listing, the listing of the polar bear as a threatened specie was
challenged. It is not endangered today but could be in the future. The listing by the Fish and Wildlife Service
(FWS) was attacked as arbitrary and capricious. The appeals court held that:
a. courts may not review decisions of the FWS regarding such listings
b. the listing was proper as FWS explalined its rationale sufficiently
c. the listing was improper because the FWS failed to show that its survival was in danger unless very strange
assumptions were made
d. the listing was arbitrary and capricious as the FWS failed to justify its decision based on scientific evidence
e. none of the other choices
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311. In In re Polar Bear Endangered Species Act Listing, the listing of the polar bear as a threatened specie was
challenged. It is not endangered today but could be in the future. The listing by the Fish and Wildlife Service
(FWS) was attacked as arbitrary and capricious. The appeals court held that:
a. courts may not review decisions of the FWS regarding such listings
b. the listing was proper as FWS showed that the bear is in "imminent danger" of survival
c. the listing was improper because the FWS failed to show that its survival was in danger unless very strange
assumptions were made
d. the listing was arbitrary and capricious as the FWS failed to justify its decision based on scientific evidence
e. none of the other choices
312. Which of the following is a global environmental issue?
a. the marine environment
b. the ozone layer
c. habitat destruction
d. global climate change
e. all of the other choices

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