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Cengage Advantage Books: Foundations of the Legal Environment of Business 3rd Edition

Cengage Advantage Books: Foundations of the Legal Environment of Business (3rd Edition)

Book Edition3rd Edition
Author(s)Jennings
ISBN9781305117457
PublisherCengage Learning
SubjectBusiness
Start of Chapter
Consider
Section 9-1: Common Law Remedies and the Environment
ETHICAL ISSUES
Section 9-2: Statutory Environmental Laws
Chapter 9, End of Chapter, Review Questions, Exercise 7
Page 235

Which standard governs the liability of a parent company for environmental violations by a subsidiary?

  • a.

    There is strict liability

  • b.

    The corporate veil standard

  • c.

    The actual knowledge standard

  • d.

    The neighboring land standard

Page 235