K Hans Bozzell is a vice-president of the Western Bank in Markham, Ontario. Active in community affairs, Bozzell serves on the board of directors of Orson Tool & Dye. Orson is expanding rapidly and is considering relocating its factory. At a recent meeting, board members decided to try to buy 20 hectares of land on the edge of town. The owner of the property is Sherri Fallon, a customer of Western Bank. Fallon is a recent widow. Bozzell knows that Fallon is eager to sell her local property. In view of Fallon's anguished condition, Bozzell believes she would accept almost any offer for the land. Realtors have appraised the property at $4 million. Required Apply the ethical judgment framework to help Bozzell decide what his role should be in Orson's attempt to buy the land from Fallon. What are the ethical issues, if any? Select all that apply. A. Hans is helping Orson buy the land at the lowest price. B. Hans is helping his customer sell the land at the highest price. C. Hans is helping his bank buy the land from Sherri Fallon at the lowest price. I D. There are no ethical issues. What are the alternatives? Select all that apply. A. Disclose Fallon's situation to fellow board members and insist that Orson pay market price for the land. B. Declare a conflict of interest and withdraw from the decision. C. Reveal nothing to the Orson board or to Fallon and take no part in the negotiation between the two parties. D. Let other members of the Orson board of directors know of Fallon's situation in the interest of helping Orson buy the land at a lower price E. Advise Fallon of Orson's plans and encourage her to hold out for a high price on the sale of the land. F. Use the information known to help Western Bank buy the land from Sherri Fallon at the lowest price. What entities are involved? Select all that apply. Time Remaining: 01:55:47 What entities are involved? Select all that apply. A. Sherri Fallon B. Western Bank C. Hans Bozzell D. Orson Tool & Dye What are the possible consequences? Select all that apply. A. Making Fallon aware of Orson's plans would help Fallon get a higher price for the land but would betray the trust of fellow members of the Orson board. B. Declaring the conflict of interest and withdrawing from the decision would preserve Bozzell's integrity and remove him from the conflict of interest. C. Insisting that Orson offer market price for the land would betray the trust of Fallon and may not work. D. Bozzell's helping Western Bank buy the land at the lowest price would not hurt Sherri Fallon because the land would be sold. E. Disclosing Fallon's situation to the Orson board may help Orson buy the land at a low price. F. Remaining silent would preserve Bozzell's integrity but if either party learned of Bozzell's relationships, the parties may wonder if the information was used against them What decision should be made? lll LL Time Remaining: 01:55:06 What decision should be made? OA. Bozzell should let other members of the Orson board of directors know of Fallon's situation to help Orson buy the land at a lower price. OB. Bozzell should disclose Fallon's situation to fellow board members and insist that Orson pay market price for the land. OC. Bozzell should advise Fallon of Orson's plans and encourage her to hold out for a high price on the sale of the land. D. Bozzell should declare the conflict of interest and withdraw from the decision. O Time