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Chapter 5 - Difficult Property Gifts
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5.2 Environmental Risks
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5.2.1 CERCLA
> Basic Quiz
Basic Quiz - 5.2.1 CERCLA
1. 1. CERCLA is comprehensive legislation dealing with the regulation of fundraising by charities.
True
False
2. CERCLA was enacted in late 2000 after the discovery of hazardous materials on school grounds.
True
False
3. CERCLA is commonly known as Superfund.
True
False
4. The basic purpose of CERCLA was to locate, investigate, and clean up the worst sites across the country.
True
False
5. The "polluter pays" principle means that only the polluter of the property is responsible for the cleanup costs.
True
False
6. The IRS administers the CERCLA program.
True
False
7. Under CERCLA, a "PRP" is a person related to the polluter.
True
False
8. CERCLA provides that there are up to 12 classes of PRPs.
True
False
9. In order to be liable under CERCLA, the government must only show negligence on the part of the polluter.
True
False
10. An owner, director or shareholder may be held liable under CERCLA.
True
False