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Under Court Interpretation of the Comprehensive Environmental Response,Compensation,and Liability Act,lenders

Question 85

Multiple Choice

Under court interpretation of the Comprehensive Environmental Response,Compensation,and Liability Act,lenders may be liable for clean-up costs of hazardous substances if:


A) the lender is involved in managing property with hazardous wastes.
B) the lender has a strong association with the property owner.
C) the lender has treated the interest in the borrower's property as a long-term investment.
D) All of the options are correct.
E) the lender does not take action primarily to protect the credit they have extended.

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