Riggs Bolt and Machinery, Inc., uses synthetic oils in its production equipment machines. Riggs has discovered that during the 1950s, the used oil was disposed of in a corner of the company's 53-acre campus. What would be the result if Riggs' executives reported their findings to the EPA?
A) There is no benefit in self-reporting, so Riggs could wait to have the issue discovered.
B) Riggs could reduce its fine by self-reporting.
C) Riggs need only clean up the oil and is not required to report the issue to the EPA.
D) If Riggs sold the property, it would no longer be liable for the clean-up.
Correct Answer:
Verified
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