Question
Regional Cuisine Publications Corporation (RCPC) is the publisher of a monthly magazine that features recipes and articles on culinary traditions from vari- ous regions in
Regional Cuisine Publications Corporation (RCPC) is the publisher of a monthly magazine that features recipes and articles on culinary traditions from vari- ous regions in the United States. RCPC began in the South and has expanded into the mid-Atlantic and New England markets in the last 10 years. As part of RCPC's business model, the actual name of the magazine dis- tributed in a certain region takes on that region's name (Southern Cuisine, New England Cuisine, etc.). Although RCPC began its business by contracting with outside vendors that supplied magazine-quality paper, as it has expanded circulation, RCPC has sought to reduce its rising paper costs by producing its own paper in-house. RCPC's management has located a small production facility that has been owned by Paper Production Inc. since 1950. RCPC is now considering purchasing the facility and property. 1. In investigating the purchase of the facility, what environmental laws will RCPC need to be aware of? In what way could environmental regulation affect the costs of the transaction?
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