The tea act in america. It made colonists to pay tax on tea and only buy tea from East India Company otherwise the company was going to be bankrupt.
the east India company was going bankrupt
Probably not.
No! It is a thriving car company...
Yes, selling unsafe products can result in going bankrupt. Particularly if the company is the target of many law suits.
One and the same...going bankrupt means they have legally asked for protection under the bankruptcy laws.
bonds
"One tip, sometimes going bankrupt is a good thing. If the company is relying on millions of dollars from the government, bankruptcy can remove all that pressure. But this is only for the last resort."
No, in 2011, the company avoided the bankruptcy process
unless it is written off by the court, it does. I would assume that it would be listed as debt by the party going bankrupt.
Going concern is the assumption that the company will be around for the foreseeable future. If an auditor has a going concern issue, he/she may fear that the company will go bankrupt, etc.
No, a store owned by a franchisee in State College Pennsylvania has closed after the franchisee declared bankruptcy, but the Quaker Steak and Lube business and parent company are not going bankrupt.
from what i heard yes it is going bankrupt and they are closing.