Environmental
CERCLA (Superfund) imposes liability for hazardous waste cleanup on:
AOnly the party who dumped the waste
BCurrent and past property owners, as well as generators and transporters of hazardous substances✓ Correct
COnly the current property owner
DFederal government agencies only
Explanation
CERCLA (Comprehensive Environmental Response, Compensation, and Liability Act) imposes strict, joint, and several liability on PRPs—current owners, past owners when waste was dumped, generators, and transporters. This is why environmental assessments are critical in commercial real estate.
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