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Ivenika [448]
3 years ago
15

In June 1985, Joseph Marcantuone and Robert Gieson purchased property located in East Orange, New Jersey. At the time of purchas

e, the property was partly occupied and leased to Carriage Trade Cleaners, a dry cleaning establishment. A number of dry cleaners continuously operated on this site since 1930. Marcantuone and Gieson owned and operated a grocery store on another section of the property. They have never personally owned or operated a dry cleaning establishment on the property. JRM, LLC, and Sang Hak Shin were tenants on the property and the last operators of the dry cleaning establishment that utilized the hazardous substance tetrachloroethylene, or perchloroethylene (PCE), during the time Marcantuone and Gieson owned the property. The city of East Orange acquired the property through condemnation for the purpose of building a school on the property. But, the PCE was discovered on the property and out of the $629,407 given to Marcantuone and Gieson as compensation for the taking, the city held back $182,035.20 for the cost of the PCE clean-up. It cost the city a total of $212,000 to complete the clean-up of the property. ​
1. Who is liable for the remaining amount due for the clean-up?
a. Marcantuone and Gieson
b. Lessees of the dry-cleaning establishment
c. Previous owners of the property
d. all of the above
Business
1 answer:
sattari [20]3 years ago
6 0

Answer:

The answer would be All of the above.

Explanation:

All the above mentioned parties are related with discharge of the chemical and are liable to get the clean up done. Marcantuone and Gieson are liable as they are the owners, Lessees of the dry cleaning establishment are liable as they are the ones who operated on the effected land and Previous owners under whose ownership the lessees had taken the land on lease for a dry cleaning property.

All the parties are liable for the clean up as well as the damage occured post the clean up as well as per the law.

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Income which accrue or arise outside india and also received outside india is taxable in case of.
Nadya [2.5K]

If income is accrued <u>or arises outside India and is not received in India</u>, it is not taxable in the case of Non-Resident.

<h3>Who is a resident and non resident?</h3>

A resident is a person who has resided in India in that year for 182 days or more. He is a natural person or an individual who is domiciled in a particular state.

A Non- Resident is a person who is not the resident of India for tax purposes. Section 2(30) defines non-resident as a person who is not a resident.

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8 0
2 years ago
When the director/manager allows employees to guide themselves toward the goal, then a(n) _______ leadership style is being used
kondaur [170]

Answer:

Free Rein Style

Explanation:

leadership can be described as research area that encomposses the ability of an organisation or an individual to lead a team, individuals or entire organisations.

Free rein style is the most suitable.

7 0
3 years ago
Which of the following is an example of objective evidence?
Serhud [2]

Answer:

B. The physical count of securities and cash

Explanation:

An objective is the business's goal and in order to see that the quantity would need to be in a physical sense to see growth over time.

4 0
3 years ago
Arnie made 800,000 after deducting expenses when he sold the helicopter
Maksim231197 [3]
I think the correct answer is c , hope I helped
6 0
3 years ago
A company had credit sales of $ 35 comma 000 and cash sales of $ 25 comma 000 during the month of May. Also during​ May, the com
Likurg_2 [28]

Answer:

The​ company's net income for the​ month was $27 comma 000

Explanation:

Net income = Total Sales - total expense

During the month of May,

Total Sales = credit sales + cash sales = $35,000 + $25,000 = $60,000

The company paid wages of $ 24 comma 000, the wages expense was $ 24 comma 000.

The company paid utilities of $ 9 comma 000, the utilities expense was $ 9 comma 000

Total expense = wages expense + utilities expense = $24,000 + $9,000 = $33,000

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7 0
3 years ago
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