Environmental
Under CERCLA, the 'innocent landowner defense' protects a purchaser who:
ABuys contaminated land at a discounted price
BConducted all appropriate inquiries (Phase I ESA) before purchase and had no knowledge of contamination✓ Correct
CWas unaware of the contamination at any point
DPurchased the property before environmental laws were enacted
Explanation
The innocent landowner defense protects buyers who conducted 'all appropriate inquiries' (typically a Phase I ESA) before purchase and discovered no contamination. This defense shields them from CERCLA liability if contamination is later found.
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