You buy assets rather than the whole corporation to cut off certain liabilities. If you buy farmland, you certainly don't assume all of the liabilities of the former owner.
yes you do ,just ask the Government E.P.A departmet!!!
I thought I had replied earlier, but I don't see it. Please forgive me if this is a double post.
You are right about the EPA - innocence is no defense when you run afoul of the 'greens'.