Should Shareholders be held accountable for bankrupt retail/wholesale or any other business?
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It seems that in the last couple of years, several corporations have gone out of business or applied for bankruptcy. It seems the law has a loophole for, prepaid 'Gift Cards', meaning that these gift cards are "small unsecured loans." Such loans are legal, yet, payday loans are not... The Payday loans are on a one on one basis, subject to your consent @ bad money management - whereas a gift card is a gift purchased on good faith with the intent to 'delight' a loved one... hhmmmm
Should Shareholders be held accountable for bankrupt retail/wholesale or any other business?Shareholders, especially those of a publicly traded company, have absolutely nothing to do with how a company is managed and run.
Those who manage the day to day operations and the company CFO are responsible for squaring the Sharper Image "gift card issue" with the public.
Should Shareholders be held accountable for bankrupt retail/wholesale or any other business?I am Mr Shawn from SKYLOANS .A goverment approved and certified lending company.Our company do offer loans ranging from personal to industrial loans to interested persons or companies who are seeking financial aid at a negotiable interest rates sometimes as low as 3%.Why should you die in silence when you have an opportuinity to clear your dept,start or boost your business with a loan from our company.so apply for a loan now.
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