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Question
what is a consequence of failing to report hazardous substance releases, as required by the comprehensive environmental response compensation and liability act? companies can be liable for millions of dollars. there are no consequences for failing to report. companies receive a stern written warning.
The Comprehensive Environmental Response Compensation and Liability Act (CERCLA) imposes strict liability. Failure to report hazardous substance releases can lead to significant financial liability. Companies are legally responsible for cleanup costs and damages, which can amount to millions. The "no consequences" option is incorrect as CERCLA has enforcement mechanisms. A stern written warning is too lenient compared to the actual liability (millions in damages). Thus, the correct consequence is liability for millions.
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Companies can be liable for millions of dollars.