Otts Corp. is negotiating with Wick Construction Co. for the renovation of the Otts corporate headquarters. Wick, owner of the Wick Construction Co, is also one of the five members of the board of directors. Which of the following is true?
1) Wick Construction Co. is the only company negotiating with Otts Corp.
2) Wick Construction Co. is not involved in the renovation of the Otts corporate headquarters.
3) Wick Construction Co. is one of the five members of the board of directors.
4) Wick Construction Co. is not owned by Wick.