Ever had a rude walmart cashier moment? |
| I am a cashier for walmart and i tend to piss people off easy.. people always say i charged them too much when i dont have anything to do with it its already in the computer and then blame me for ... |
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I want to know if Wal Mart does animal testing? |
| Do store brand go through the same guidelines and the major companies when it comes to animal testing?... |
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If Wal-Mart were to start a low-cost hospital, would you use its service? |
| Would the American media and public become less critical of Wal-Mart Hospital than of Wal-Mart, the store?... |
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Kmart? Walmart? or Shopko? |
| Maybe you have a kmart or walmart or shopko in your town....which one is the best to shop at for you? If you have no shopko or kmart or walmart, then tell me where you like to shop at best. Thanks....... |
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Are you bored at work right now?? |
| It's Friday afternoon...are you crazy bored waiting for the day to end?... |
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Anybody can't stand their co-worker!!!? |
| I work in a law office where there are three secretaries. I had missed two days of work because of my sick children ( and yes they will always come first) and every time I am gone. She goes through ... |
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If I leave work for a dr. appt, do I have to tell my supervisor I'm going to the doctor? |
| I'm not sure to what extent my privacy is protected by the federal HIPPA laws. My company does not offer sick time. They offer Paid Time Off which I use for sick time, vacation and holidays. W... |
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Is gas purchased from a major brand name company better then non brand name? |
Is the gas purchased from major companies better for your cars engine, performance, the environment, etc.?
I see all the adds about additives major companies use in their gasoline, do smaller ... |
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What are some of the reasons an employer would not give two weeks notice when employee is getting laid off? |
| I worked at a fairly small veterinary hospital for over two years. Great co-workers, great boss... just a great place to work. I was well liked, many people relied on me to get through their day, ... |
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I want to know if I can sue a business for having one of their props fall on me while I was in the store.? |
| I was in the store and a prop fell on my face and swelled my face up pretty bad. It doesn't hurt as bad now but I want to know if I could sue the store for the prop falling on me since I heard ... |
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In California is it legal for a bank to close because their computers are down? |
| I was wondering as a frined of mine got turned away from her bank recently, and as she used to work at a bank, she knew it used to be illegal for them to close up because their computers weren't ... |
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Does Ebay always notify you that your package is shipped? |
| Should I be getting an email from ebay saying that my package has been shipped? Do they do that all the time?... |
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Can the Chairman of a corporation use its money for his own personal gain? |
Common examples: Warren Buffett used Berkshire's money to buy his own jet
Vince McMahon used WWE's money to buy his houses and Bob Johnson used BET's money to buy the Bobcats ... |
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kif | What does it mean when a company 'goes into administration? Is it the same as going bankrupt/? |
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book girl
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It means an external independant source takes over the running of the company, ie paying off debts and claiming from creditors etc, the administrative duties. |
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JC
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When a company goes into Administration it's designed so that it protects companies from their creditors while a restructuring plan is completed, kind of like a "rescue" plan, to try and save the company. If it is not possible to save/rescue the company then more often than not the company will go into Liquidation, which yes is sort of like a bankruptcy. Unlike a Liquidation, with an Administration future trading is possible. A Liquidation however is the end of the line - there is no way to recover the company and they will not trade in the future.
Very boring I know - but I have to know these things. Send me an email if you want to know more. |
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yvonne21
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Yes same thing- about to enter bankruptcy |
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oldhombre
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The step before bankruptcy, yes. |
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Latin Techie
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Hi,
Administration of a company happens when the receivers are called , the company is "technically bankrupt" but the receivers will go in, take control of the company( administer it) and then start to asess the assets values of the company and see what can be sold off to pay creditors. If the asset base is not of sufficent value to cover the debts of the company and nobody is willing to provide further lending to revive its fortunes, then the next stage is "bankruptcy" and the firm will be liquidated by order of the courts and "wound up"( cease trading completely). |
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cheek_of_it_all
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It means if you bought something from them and it hasn't yet been delivered, you just lost your money.
I worked for a work agency that went into administration and I lost £800 in wages. The company were collecting money but were not paying the agency staff other than the staff who worked in the agency.
If you get your money back or part of it, consider yourself very lucky. |
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oliprofessor
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if it goes into administration then all of the company's assets are liquidated (including uncalled shares), if the funds are insufficient to satisfy creditors then the company is considered to be dissolved and is struck off.
after this happens, as long as the secretary of state does not find any wrongdoing on the part of the directors such as to ban them from directorship, the company can be freely re-incorporated under the same name, and in the same day if desired.
it may also be interesting to note that companies with no assets at all can apply to be struck off the register rather than enter into receivership; this means the company simply ceases to exist. |
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petunia1354
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Similar, but different! Book Girl has it correct! |
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