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Legally, hazardous waste is any discarded liquid or solid that contains substances known to be: 1. Fatal to humans or laboratory animals in low doses. 2. Toxic, carcinogenic, mutagenic, or teratogenic to humans or other life-forms;
hazardous waste to reduce the volume or toxicity of the waste. Typically, small. businesses do not have permits for treatment, storage, or disposal of hazardous. wastes since the permitting process is burdensome and costly.