Answer:
One company pays 100%, the other re-reimburses 50%
Explanation:
If an environmental assessment found that the two companies share joint and several liability for a hazardous materials cleanup.
What could happen if the two of them don't agree to cooperate in the cleanup is that one of the companies will eventually settle the costs fully while the other party will have to reimburse the party that pays, 50%.
The paying company could make claims because the environmental impact assessment has already found both companies jointly liable. hence each company ought to jointly share the costs
The concept of diversity encompasses acceptance and respect. As a nation, we try to understand one's individuality and recognizing one's differences.
Hopes this helped.
~Bob Ross®
Ninety-seven percent of the world's water resources are found in<span>salt water</span>
The correct option is NONE OF THE ABOVE.
When a partnership is terminated, the assets are are turned into cash and obligations are paid, the partnership is said to be WIND UP.
A partnership refers to a business relationship that involves two or more persons. A partnership dissolution is said to occur when one of the partners leaves the business. A partnership is said to be terminated when it stop operations. Partnership winding up involves the sales of the assets of the business, the payment of their business debts from the proceeds and the sharing of the remaining proceeds.
