Question Description
I’m working on a management exercise and need support to help me learn.
Question I – Debbie Debtor borrowed $1,000.00 from First Big Bank. Debbie Debtor agreed to repay the $1,000.00 over eight months plus interest. Debbie Debtor loses her job and stops making payments to First Big Bank after two months. What is the source of law that governs the subsequent remedies that may be available to First Big Bank? (50 to 100 words)
Question II – Eddie Embezzler has worked for Betty Boss for many years as an accountant. During his employment, Eddie has taken thousands of dollars from Bettys business. As a result, Betty has suffered. Did Eddie violate a criminal law, a civil law, or both? (50 to 100 words)
ExplainTwo (2) high ranking managers of Anrun Corp. know that the companys revenue is rapidly declining. However, at a recent shareholder meeting, they tell the shareholders to expect record profits in the next quarter. Explain the three Blanchard and Peale questions that these two managers should have asked themselves before the shareholders meeting. (200 to 300 words).
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