Bob wants to acquire a manufacturing plant. He hires Grace as his attorney to assist him inmaking the purchase. Grace suggests that Bob have an Environmental Study performed onthe property because previous owners of the property operated the manufacturing plantand the manufacturing process resulted in hazardous by-products. Bob doesn't want to payfor the study. Which of the following is true?Bob shouldn't pay for the Environmental Study. Only those who actually improperly dispose ofhazardous substances can be held liable as potentially responsible parties under CERCLABob should pay for the Environmental Study. Although he has no reason to know that hazardoussubstances were disposed of on the property, he could still be liable for clean up costs underCERCLA because current owners or operators of a site can be potentially responsible parties underCERCLABob shouldn't pay for the Environmental Study. The current owners or operators of a site are notpotentially responsible parties under CERCLA.

In the context of acquiring a manufacturing plant, Bob's attorney, Grace, recommends conducting an…

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