Ace Hauling, Inc, has been transporting industrial tailings for companies around the Minneapolis/St. Paul area for the past decade. The site at which the tailing were dumped has been designated at a CERCLA Superfund site. Ace Hauling's board of directors voted to sell Ace to a new corporation created by legal counsel for Ace. All of Ace's assets, liabilities and contracts will be transferred to
the new corporation whose owners are unaware of Ace's history. By creating the new corporation and transferring the assets:
A) Ace can avoid liability under CERCLA.
B) Ace has done nothing to change its CERCLA liability.
C) Ace can avoid any contractual liability under CERCLA.
D) Ace eliminates its liability if its directors have no say in running the new corporation.
E)None of the above
B
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Which of the following best characterizes average consumers' current media consumption patterns?
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U.S. GAAP permits firms to increase the balance sheet carrying values of tangible and intangible long-lived assets when the fair values of their assets increase
Indicate whether the statement is true or false
You have just accepted your first job out of college, which requires you to evaluate loan requests at Beach Front National Bank. The first loan request you receive is from Surfer Dude Supplies, a small proprietorship. Marty Monroe, the owner, is
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Improving on Constructive Criticism A new medical assistant, Janelle, was hired at an outpatient medical center. Her supervisor found an error she made on a patient's record and sent Janelle the following email. Edit the email so that it is a good
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