Explain the negative consequences to a debtor

Assignment Help Business Law and Ethics
Reference no: EM131358976

Assignment: Bankruptcy

Ethical Consideration of Creditors' Rights and Bankruptcy

Address the following ethical questions regarding creditors' rights and bankruptcy:

• Evaluate how Bankruptcy law can favor debtors at the expense of creditors or vice versa, and explain how a revision to Bankruptcy law can achieve a better balance between the respective interests of creditors and debtors.

• Explain whether the creditor self-help provision of the UCC's Article 9 is ethical, and explain why.

• Analyze whether is it ethical or not to avoid paying one's debts by going into bankruptcy.

• Explain the negative consequences to a debtor whose debts are discharged in bankruptcy and if debtors are better off as a result of having their debts discharged.

• Interpret the duty that accountants have to their clients with regard to incurring debt and dealing with creditors.

The paper

• Must be five to seven double-spaced pages in length (not including title and references pages) and formatted according to APA style as outlined in the Ashford Writing Center.

• Must include a separate title page with the following:

o Title of paper
o Student's name
o Course name and number
o Instructor's name
o Date submitted

• Must use at least two scholarly sources in addition to the course text.
• Must cite all sources in APA style as outlined in the Ashford Writing Center.
• Must include a separate references page that is formatted according to APA style as outlined in the Ashford Writing Center.
• Reference needed three including this one.
• Miller, R. L. (2014). Business law: Text and cases - commercial law for accountants. Mason, OH: South-Western Cengage Learning.

Reference no: EM131358976

Questions Cloud

Explain whether technology has assisted or hindered process : Propose two ways that a company can gain a competitive advantage over other companies when striving to recruit job applicants. Determine whether technology has assisted or hindered the process.
Outline the four main components of a marketing mix : 1. Outline the four main components of a marketing mix. List two factors that must be considered for each component. Describe advertising's role in the marketing mix.
What services are provided to law enforcement by the lab : Visit the FBI website at www.fbi.gov and search for the crime laboratory. What services are provided to law enforcement by the lab? Pick one of the services provided and how you would specifically ask the FBI lab to do for your case? Revie..
Does ge use our definition of leadership : If you are interested in working for a company that is seeking people with leadership skills, or one that will develop your leadership skills, GE is a company to consider. Like most major organizations, GE's Web site provides information regarding..
Explain the negative consequences to a debtor : Explain the negative consequences to a debtor whose debts are discharged in bankruptcy and if debtors are better off as a result of having their debts discharged.
Rebekah nathan community and diversity : Struggling with community in this way is, as observers of American life have pointed out, the American way. The same things that make us feel connected and protected are the things that make us feel obligated and trapped as individuals and/or cut ..
What prevention strategies could be used : When is prevention likely to be most effective? How would a society develop a plan to reduce abuse and addiction? What prevention strategies could be used?
Survey of gym customers and give a brief description : Bus105 computing assignment - Find at least one journal article or website related to the survey of Gym customers and give a brief description.
What is a reasonable role for professional bioethicists : Do you feel more threatened or optimistic about all the new possibilities opened up by neuroscience? Where would you draw the line - if at all?

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  Legal environment of business caselet

The assignment in Law deals with the topic "Legal Environment of Business". A case study about Mary, a newly joined employee who is working in the USA and Europe. She faces few issues at her work place in Europe and tries to talk to her manager who s..

  Business ethics & legal issues caselet

This assignment is about the concept of Business Ethics & Legal Issues. The laws relating to these can be found in Antitrust laws. These laws are concerned with those large corporations which have a majority of market share, mergers and acquisitions.

  Questions on business law and ethics

Examples of securities that are exempted from the registration provisions of the 1933 Act and involving misstatement of material facts in a prospectus.

  Discuss the doctrine of ratification of pre-incorporation

With the aid of a decided cases, discuss the doctrine of ratification of pre-incorporation contract.

  Discuss the extent of phoenixing activity

It has been estimated that about 6,000 phoenix companies operate in Australia, costing government and the community hundreds of millions of dollars per year and impacting on individuals.

  Application of law to facts

Company Law, Application of Law to Facts and Conclusion.

  Question on business law and ethics

This assignment related to business law.

  Questions on business law

Answer all the questions under business law.

  Iidentify the issue raised by the facts

Iidentify the issue(s) raised by the facts, identify the relevant legal principles, apply the relevant legal principles to the facts, reach a conclusion.

  Evaluation of software development

Prepare a report and present an evaluation of the subsequent methodologies for software development in terms of cost, resources and time.

  Business value and ethics

Business value and ethics,  Bart agrees to put Sam's Super Bowl champion-ship autographed football in his sports store to sell for $1,500. Sam agrees to pay Bart a 15% commission for selling the ball. If Joe comes in the sports store and offers Bart ..

  Explain what is meant by income by ordinary concepts

Advise what tax consequences arise in respect of the payments.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd