The Colorful Paint Company got a mortgage from the bank to purchase a factory in which it could make paint. As part of its manufacturing process, Colorful Paint dumped the excess paint into a pit behind the building. This practice contaminated the property. If the bank foreclosed on the factory, would the bank be liable for cleanup costs of the contaminated land?
A. Yes, because it owns the property.
B. No, because it was an innocent landowner.
C. No, because it did not contaminate the property.
D. No, because it was a secured creditor.
Answer: D
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