Bankruptcy

Louis Auguste was born on August 23, 1754 to Louis and Marie-Josephe. Louis have three brothers and two brothers. One of his brothers passed away at the age of ten. Before the fall XVI Louis was the last king. With the death of his mother and father Louis XVI became the next closest person to the throne. He ascended to the throne five years later in 1770 at the age of 20. Louis had many tutors, nannies, and servants to care for him. He loved learning new things as a child. Such as learning new…

have become an issue. In America there are several different types of health insurances and healthcare providers but there are a number of people in the U.S. that cannot afford any. Medical bills can even be found as the cause of half of all bankruptcies each year and most have some type of healthcare insurance. "An estimated 50 million Americans lack…

and sustained sales with costly dealer incentives and heavily discounted fleet sales. GM’s liabilities in supplier payments, workers entitlements and dealership commitments would have led them to bankruptcy. 2. Describe how the internal managerial culture at GM might have contributed to their bankruptcy? Lack of cohesion GM operated the different divisions of the company as separate, independent entities or business units. Although this structure was successful at times, it created a…

Globalization and its Effects Introduction Globalization is a very broad term meaning it has several broad definitions. It’s a process of international integration due to an exchange of various products, ideas, worldviews and, culture. Globalization is on the rise currently due to various promoting factors such as transportation advancement, telecommunication infrastructure and most importantly the internet. The world is now like a village today and is sweeping away all political boundaries. The…

Journal Article Reflection I read an article titled “Fraud Squad, Top Eight Ways to Win a Circumstantial Arson Case” by Cynthia L Bernstiel”. Just as the title implies, the article gives readers tips on how to win a circumstantial arson case. This article interested me because I was curious to how circumstantial arson cases get solved. A fire claim where a house is completely destroyed is a huge loss that insurance companies do no pay off lightly. After reading this article I learned a thing…

Alexander Majors became a leader at a very young age when his mother passed away and his father left to prospect for silver. He was the man of the house and in charge of his family and family farm at only 13 years old. This could be considered the basis for his great work ethic and drive. Soon after serving our country in the Mexican-American war, he founded a freight business which earned a reputation as one of the best. As a young business man, Majors would join his employees while they were…

America should keep giving billions of dollars to countries in need. The American Aid Foundation has a mission to provide aid to those in need, whether it is for disaster relief, health, or economic issues. This foundation can create many solutions to problems that the population of the world face on a daily basis. The communities in third world countries struggle with poverty, disease, and starvation destroying their lives. Children spend their days in the streets with tattered clothes…

space repurposed and given new use after 1976 by the GSA (GSA). In 1979 Congress gave $26,500,000 to restore and repair the customs house. The project started in 1983 and was finished by 1994 (GSA). “Today, the building is being used by the U.S. Bankruptcy Court, the National Archives, and the National Museum of the American Indian (Smithsonian Institution) (New York Architecture…

When making an investment in any business, it is important to understand how it works in order to safeguard hard earned money being invested. Many people who go blindly investing in any form of ‘get rich quick’ schemes finally end up losing it all. Such investments are examples of uncalculated and unworthy risks that only end up with regrets. While many people only invest in order to make quick cash, they do not understand the theories behind risks and returns. Therefore, it is important to…

Joshua P. Hochschild, Dean of the College of Liberal Arts at Mount St. Mary’s University in Emmitsburg, Md., points to the flaws of the current American student-loan system in the article “Welcome to Ginger and Pickles University” published March 11, 2015 in The Wall Street Journal. The article deals with the important issue of student-loans and the store like exchange America places on education. Hochschild’s article is written in response to President Obama’s signing of a “Student Aid Bill of…