Environmental
Under CERCLA, a buyer who purchases contaminated property without knowledge of the contamination may qualify for the 'innocent landowner defense' if they conducted:
ANo investigation
BAn all appropriate inquiry (Phase I environmental site assessment)✓ Correct
COnly a visual inspection
DA neighborhood market analysis
Explanation
To qualify for the innocent landowner defense under CERCLA, a buyer must have conducted 'all appropriate inquiry' (AAI) into the property's environmental history, typically satisfied by a Phase I Environmental Site Assessment.
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