Tag: legal

Damage Claim

See Also: Secured Claim Unclaimed Property Evaluating and Renewing Employee Health Insurance Plan How to avoid additional insurance premiums Third Party Insurance Damage Claim Definition A damage claim, defined as the claim of damages, to a liable or insuring company, which result in financial loss from an associated victim party, are a common legal concept.

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Cost Center

See also: Cost Driver Variable vs Fixed Cost Sunk Costs Activity Based Costing vs Traditional Costing Removal Cost Profit Center Responsibility Center Adding Value as a Financial Leader Cost Center Definition In accounting, a cost center is a type of responsibility center. A responsibility center is an organizational subunit the manager of which is responsible

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Bankruptcy Information

See Also: Chapter 7 Bankruptcy Chapter 11 Bankruptcy Bankruptcy Code Chapter 13 Bankruptcy Bankruptcy Costs Chapter 12 Bankruptcy Courts – Bankruptcy Bankruptcy Information Bankruptcy is the legal condition of being unable to repay debts. It can apply to individuals or organizations. There are two types of bankruptcy: voluntary and involuntary. Voluntary bankruptcy occurs when the debtor,

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Blue Sky Laws

Blue Sky Laws In the United States, blue sky laws are state laws designed to protect investors from securities fraud. Furthermore, the laws require dealers and brokers to register their securities offerings and to provide investors with the relevant financial details of each issue. The idea is to make securities offerings transparent and verifiable so

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The Power of Connections

We had a great time catching up with our friends at Stibbs & Co. at lunch last week. The power of connections is huge, and it is amazing how many ways you can help one another. Just by having a quick lunch, Courtney Sheaffer and I reconnected and shared connections that might help the other. In business,

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