Bricks Inc. purchases land for a new factory from Proform Corp. The sister of Bricks' CEO owns Proform Corp. Bricks does not control or consolidate the financial results of Proform Corp. Is there anything inherently fraudulent with this transaction?

Select one:

a. No, if both Bricks Inc. and Proform Corp. disclose the transaction in their respective financial statements and account for the transaction in accordance with GAAP.

b. No, if the property is sold at the carrying value of the land on Proform Corp's financial statements.

c. Yes, related party transactions are almost always fraudulent.

d. Yes, related party transactions are not allowed under US GAAP.

e. Yes, if Proform Corp. realizes a gain on the transaction.