A small community called Center needs to increase jobs in the community. Center has some public land

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A small community called Center needs to increase jobs in the community. Center has some public land that could be developed. The city could sell this land to a private individual for $200,000. The city council decided, however, to make arrangements with a national chain "superstore" to receive the land free if they would build a store in their community. The superstore must first hire from the people that live in Center to receive this free land. Is it ethical for the Center City Council to propose this gift? How would the superstore record this transaction?
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College Accounting Chapters 1-30

ISBN: 978-0077862398

14th edition

Authors: John Price, M. David Haddock, Michael Farina

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