International Paint Company wants to sell a large tract of land with several facilities on it to U.S. Parts Inc. As acquisitions manager for U.S. Parts, what do you need to know before buying this land, other than that International Paint has good ownership, that your company needs the site, and that the price is right?
Why might you need to know the environmental condition of the land? What steps might you want to take before buying the land? (Reed, Pagattaro, Cahoy, Shedd, & Magid, 2015, p. 544)
5. The Sarbanes-Oxley Act provides protections for whistleblowers so that individuals are more willing to report the corruption that can lead to major scandals (Reed, Pagattaro, Cahoy, Shedd, & Magid, 2015). Why are audit committees required to adopt procedures that ensure whistleblowers’ reports are taken seriously?
6. In the wake of the recent shootings in Las Vegas, what is your opinion of the fact that each time we have such disasters, the talk turns to gun control? Should we look at Australia whose murder rate was reduced after it passed its gun control law in 1996 precipitated by the Port Arthur Massacre that banned certain semi-automatic, self-loading rifles and shotguns, and imposed stricter licensing and registration requirements? It was amended in 2002 restricting the caliber, barrel length and capacity for sport shooting handguns (Kiely, 2017).
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