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Define environmental condition of the land

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Question: 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?

Reference no: EM131740460

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