Final answer:
The statement 'Piercing the corporate veil has been used for purposes of imposing CERCLA liability' is False.
Step-by-step explanation:
The statement Piercing the corporate veil has been used for purposes of imposing CERCLA liability is False.
The concept of piercing the corporate veil is a legal doctrine used to hold individual shareholders or members of a corporation personally liable for the debts or actions of the corporation. CERCLA, also known as the Superfund Act, is a federal law that regulates the cleanup of hazardous waste sites. It focuses on holding polluters accountable for the costs of cleaning up toxic waste. Piercing the corporate veil is not typically used in CERCLA liability cases because CERCLA imposes strict liability on the polluters themselves, regardless of the corporate structure.
In summary, piercing the corporate veil is generally not used for imposing CERCLA liability, making the statement False.