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Because if a company doesn't have financial resources, it can;t pay for any human or physical resources.

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Q: Why must a company have financial resources before it can use human and physical resources?
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When insurance company files insolvency in what order does the creditor get repaid back for loans?

When an insurance company passes through acute financial stringency, it can apply for insolvency before the court of law. They will depute temporary caretaker,assess their financial condition (both their market loans,physical and liquid assets. The policy holders will get the top priority to get back their due money, followed by the creditors. The residue fund,after deducting all legal expenses, will be hand over to the stakeholders of the insurance company.


Is Well Fargo Auto Finance and Wells Fargo Financial the same company?

Yes, in 2008 they merged into Wells Fargo Financial. Before, they had 2 separate divisions - auto acceptance and Wells Fargo Financial consumer (real estate).


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A solvency test determines the ability of a company to meet its long-term financial obligations. This test must be satisfied before the company can enter into certain business transactions.


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Are Bondholders the internal users of company's accounting information?

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When insurance company files insolvency in what order does the creditor get repaid back for loans?

When an insurance company passes through acute financial stringency, it can apply for insolvency before the court of law. They will depute temporary caretaker,assess their financial condition (both their market loans,physical and liquid assets. The policy holders will get the top priority to get back their due money, followed by the creditors. The residue fund,after deducting all legal expenses, will be hand over to the stakeholders of the insurance company.


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I would say that the person or company who hired the financial advisors would be responsible for paying for them. Any decent financial advisor will have a contract to be signed before they begin work, and in it the fees should be clearly spelled out.


Is Well Fargo Auto Finance and Wells Fargo Financial the same company?

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You should look at the financial results for the specific company in which you wish to invest before making a decision about whether to buy stock. If you're not sure how to evalutate this data, you should consult a qualified stock broker or financial analyst.


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