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Question 80

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In Whalen v. Union Bag & Paper Co., the New York Court of Appeals held that a paper pulp mill had to pay a farmer monetary damages for polluting a creek he used.

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False

Question 81

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The federal government pays for a lot of the construction costs for local sewage treatment plants.

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Question 82

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To establish a private nuisance, plaintiff must show the pollution is a reasonable interference with the use and enjoyment of the plaintiff's property.

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False

Question 83

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Water polluters, such as factories, must have pollution permits and file discharge monitoring report that are open for public inspection.

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Question 84

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Fact Pattern 22-1

Naida Baronowski is an American fashion designer who has a design firm in Chicago. Naida has been successful in the U.S. and wants to expand her operation overseas. She hopes to open shops in Paris, Milan, Madrid, Rome, Vienna, and Moscow in the next several years.

Naida is unfamiliar with foreign operations. She comes to you, her attorney, for advice about how she should pursue her goal of becoming an international fashion company.

Refer to Fact Pattern 22-1. Naida hires a contractor in Moscow to supervise building a new store. To pay the subcontractors, Naida goes to her bank (an international bank with a branch office in Moscow) and signs an agreement stating that the bank will pay the subcontractors upon presentation of documentation that their work is completed. Naida has arranged for:

Select one:

a.

repatriation of her money

b.

currency exchange insurance

c.

a countertrade sale

d.

letters of credit

e.

a buy-back arrangement

Explanation / Answer

80.True

81. True

82. True

83. True

84. Letters of Credit

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