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Like many students, Barbara Hann financed her education partially through loans. These loans included three federally insured Stafford Loans of $7,500 each ($22,500 in total). Hann believed that she repaid the loans, but when later, she filed a Chapter 13 petition, Educational Credit Management Corp. (ECMC) filed an unsecured proof of claim based on the loans. Hann objected. At a hearing at which ECMC failed to appear, Hann submitted correspondence from the lender that indicated the loans had been paid. The court entered an order sustaining Hann's objection.?
1. What is the case about? (Answer in a brief concise summary no longer than 5 sentences.)
2. What practical legal suggestions did you learn from this case that would be of use to a business person or to an individual and their personal life? (Answer in one or two sentences.) (NOTE: An example of a practical legal suggestion is as follows: Make sure that all written contracts that you sign include all of the essential terms and all of the terms and conditions that you have verbally agreed to.)
3. How can this practical legal suggestion be applied in your own personal life or in the business of life of some employer that you worked for? (Answer in 3 to 4 sentences.)
What lessons can we learn from Deming's Red Bead experiment? List 2 lessons and discuss each one completely and thoroughly.
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Discuss in details the operations that suggest supply chain performance.
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When you hear someone mention Public Administration what comes to mind? Does it go beyond the implementation of government policy? What do you think is the fundamental goal of Public Administration? Is there a difference when it comes to public and p..
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What potential cost-savings advantages might firms experience using outsourcing?
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Robert Bolton, author of People Skills, asserts that "80% of the people who fail at work do so for one reason: they do not relate well to other people." Provide specific examples of communication negatively or positively impacting the work environmen..
Dolly Trolleys manufacture trolleys for a chain of supermarkets. Demand for trolleys is buoyant, so all production can be sold. Two models are produced by Dolly – the STREAMLINE (L) and the STANDARD (D). The streamline has three wheels and the standa..
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