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What happens to secured debentures at liquidation?

In liquidation, secured debentures are prioritized over unsecured debts, as they are backed by specific assets of the company. The holders of secured debentures are entitled to be repaid from the proceeds of the sale of the collateral securing the debenture. If the asset value exceeds the debenture amount, any surplus may be distributed to unsecured creditors. However, if the asset value is insufficient, secured debenture holders may not recover the full amount owed to them.


What happens when you sublease a car and the company that you leased from goes into liquidation?

You will have to make the payments to the company that purchases their assets, it doesn't mean you get a free car.


If bank is closed what happens to student loans?

They are sold to another bank in the liquidation of assets.


What happens when a company liquidates, and how does the process impact its stakeholders?

When a company liquidates, it sells off its assets to pay off its debts and obligations. This process impacts stakeholders differently depending on their relationship with the company. Shareholders may lose their investment, employees may lose their jobs, and creditors may receive partial payment or nothing at all. Overall, the process of liquidation can have negative consequences for stakeholders as they may experience financial losses or instability.


What happens at the end of the red convertible?

In the short story "The Red Convertible" by Louise Erdrich, the relationship between the two brothers is strained due to the effects of the Vietnam War on one of them. At the end, the damaged red convertible symbolizes the loss of their bond and the brotherhood that was once strong. The story concludes with a sense of loss and the inability to fully recover what was lost.


What happens if you are not issued renewing debentures when they expire?

If you are not issued renewing debentures when they expire, you will not receive a new debenture to replace the old one, which means you may lose the ability to earn interest on that investment. Additionally, you may need to redeem the expired debenture for its principal amount, depending on the terms of the bond. This could impact your cash flow and overall investment strategy, as you would have to seek alternative investment options.


When does deregulation occur?

Deregulation happens in the United States as a result of protecting investment on a private company. This happens when the company is entered into public trade.


What happens if you open a convertible top at high speed?

Opening a convertible top at high speeds can create significant aerodynamic forces that can put strain on the convertible top mechanism, potentially causing damage. It can also create a strong wind drag inside the vehicle, affecting the stability and control of the car. It is not recommended to open a convertible top at high speeds for safety reasons.


What happens if a company doesn't pay taxes?

The company is taken to court - and they either agree to pay up, or the company is dissolved.


What happens to the government if a company goes bankrupt?

Nothing.


What happens to you if you get caught snooping in company files?

DEAD.


What happens to dividends when a company does well?

The dividends increase.