A barge owned by Oceanic Shipping Company accidentally runs aground, spilling the oil contained in its hold into the sea and onto the shore. Under the Clean Water Act, this is most likely
A. a violation.
B. not a violation because an oil spill is an accident.
C. not a violation because a floating barge is not a stationary source.
D. not a violation because a ship's hold is not a point source.
Answer: A
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A company issued 7%, 5-year bonds with a par value of $100,000. The market rate when the bonds were issued was 7.5%. The company received $97,946.80 cash for the bonds. Using the effective interest method, the amount of interest expense for the second semiannual interest period is:
A. $7,346.03. B. $7,000.00. C. $3,679.49. D. $3,673.01. E. $3,500.00.
The government has the right to take private property through the power of eminent domain
Indicate whether the statement is true or false
The fact that a tort or crime is committed by an employee imposes vicarious liability on an employer
Indicate whether the statement is true or false
Robert Smith's average daily balance for May on his revolving credit account was $267.56. The annual percentage rate is 15%. How much is the finance charge for May? (Round to the nearest cent)