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What would happen if the car is sold and the finance company went out of business?
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If a mechanic has a mechanics lien on your car will this prevent the finance company from repossessing your car or prevent you from voluntarily having car repossessed?
No, what will happen is this: the finance company will pay off the mechanics lien (usually) and tack that on your loan balance, it would be considered a repo fee.
Why it student needs to know about business finance?
Students need to know about business finance to prepare for the future and to make sure they would be successful businessmen/women.
What happens if you no longer have the car and the finance company trying to repossess?
Someone has the car and the finance company has a lien on it. Any sale would have been fraudulent.
How many years studying for business finance would you need?
about 12
What would be the based on your company Finance Manager equity finance and Debt finance give reason?
it cant be said in direct form whether finance or equity without knowing the nature of company's business, mkt risk, past holdings, position of competitors, and so many. but even then we can say dat if a company is with good market share and strong and well managed financial condition the company can go for equity in the first instance but debt wil b more beneficial because of lower cost .
What academic background would you need to apply for finance careers?
The particular job in finance will have individual requirements. In general, finance jobs require degrees in business or finance and relevant work experience.
What is the purpose of tax evasion?
Tax evasion is illegal. I would not advise it, for it is the act of either an individual or a company to attempt to get away with NOT paying taxes they owe the governement. If you are attempting to finance a home, business, vehicle then I would suggest you go to your local bank or perhaps speak with a finance counselor or even a finance lawyer. All legitimate sources to stay within the law.
What does the finance company do when a car is totaled and there is no collision insurance?
If the driver was uninsured or only had liability insurance, they would be liable to still pay the finance company back or face a lawsuit.
Uninsured finance vehicle has been stolen Cancelled insurance because car was being repossessed by finance company?
You still have rights to recover the vehicle. The finance company may help you look for it if they're desperate enough to get it back. Even if your car was insured, you would legally have to payback the finance company for the car since you broke a binding finance contract.
Why would a business need s security guard?
A security guard is to make sure that all of the company's, customer's, and employee's information is secure. If something were to happen to it, the company could be sued.
What are liabilities and why are they important to a business?
To be liable is to be legally responsible to someone or something. You, or your company, would be legally responsible if something where to happen under your authority. It is very important for a business to know what their liabilities are and to ensure that nothing will happen to either their employees, merchandise, or others involved in the business, aka customers.
To what does the grouping term finance refer?
The term finance refers to the amount of expenditure versus income a individual or a company has. A company usually hires a professional to look into the finance accounts and to make sure that the income is greater than expenditures, for otherwise the company would be making a loss.
