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Rumor is there being bought out by tirekingdom

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14y ago

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Are all the JCPenney stores closing down?

no i dont think they r.


What often happens when the owner of a sole proprietorship a.) the partner takes over the company b.) the government takes over the business c.) the business closes down d.) the business changes names?

When the owner of a sole proprietorship passes away or decides to exit the business, it often results in the business closing down, as sole proprietorships are tied directly to the owner. Unlike corporations or partnerships, there is usually no automatic transition of ownership; thus, the business may cease operations if no arrangements were made for succession. In some cases, the assets may be sold, or the business could be restructured under a new entity, but this is not guaranteed.


Where can one purchase used home office supplies?

Used home office supplies can be purchased from a variety of places. Try seeking out online classifieds such as Craigslist or Kijiji. You can also try closing down offices or schools which have received newer supplies.


What is a retrenchment?

Retrenchment refers to the process of reducing costs or expenditures, often in response to financial difficulties or economic downturns. This can involve cutting back on workforce, scaling down operations, or eliminating certain services or departments. Organizations may implement retrenchment strategies to enhance efficiency and improve profitability. It is a strategic decision aimed at ensuring long-term sustainability in challenging economic conditions.


What happens if the property Title Insurance Co goes out of business?

A Title Company (the actual insurancer as in First American, Chicago, etc.) is regulated by a state's Department of Insurance. If the company dissolved, then they would have to follow the state's guidelines for closing. This is why a title company has to prove so much in reserves, liquidity, etc. to a state to even do business in a state. Typically, title companies are sold or bought out before they would ever go out of business. A Title Agency (the local agent who has an agency agreement with a title Company) must keep separate accounts for escrows/trust accounts. Ideally, if an agency closed its doors, all accounts would be reconciled and it could shut down with all Policies issued. If an agency shuts down and does not have the above issued addressed at the time of closing, the title company will complete the same, issue the Policies, etc. of the Agent/Agency or they may assign the same to another one of their Agents to be completed. Since ultimately it is the title company that is responsible for the issuance of the insurance, it is their responsibility to make sure that all policies sold by the agent are properly issued.