Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Business Management Expert

Management Studies


Home >> Business Management

Coastal Property Restoration (CPR) periodically purchased used restaurant equipment from Famous Subs and Pizza Company. CPR refurbishes and sells restaurant equipment to small restaurants. In December 2014, CPR purchased five used pizza ovens for $50,000. Because of the good relationship between the companies, FSPC financed the ovens for two years; however, FSPC did not obtain a perfected security interest in the ovens. In July 2015, CPR sold four of the ovens to another refurbishing company for $4,000 two days before filing bankruptcy. CPR still owes approximately $35,000 to FSPC for the ovens.

  • Evaluate the legal and ethical issues associated with CPR's sale of the pizza ovens before filing bankruptcy. What recourse does FSPC have in recovering the monies still owed on the equipment or the remaining oven?

Business Management, Management Studies

  • Category:- Business Management
  • Reference No.:- M92271811
  • Price:- $20

Priced at Now at $20, Verified Solution

Have any Question?


Related Questions in Business Management

A start-up company that makes robotic hardware for cim

A start-up company that makes robotic hardware for CIM (computer integrated manufacturing) systems borrowed $1.1 million to expand its packaging and shipping facility. The contract required the company to repay the lende ...

1 what is the boolean expression for an and gate2 what is

1. What is the Boolean expression for an AND gate? 2. What is the Boolean expression for an OR gate? 3. What is the Boolean expression for a NOT gate?

What type of data values are quantitative and the number of

What type of data values are quantitative and the number of values is finite or countable?

Define budgeting and describe its primary purposes and

Define budgeting and describe its primary purposes and benefits to an organization.

Describe the culture of an organization and how the symbols

Describe the culture of an organization and how the symbols convey the culture. Describe the strengths and weaknesses of an organization from a cultural perspective. Explain what could be changed with the culture of the ...

How to navigate through the various leadership styles

How to navigate through the various leadership styles within an organization and adjust to the differences in leadership?

In c languageread a integer number which has 2 digits after

In C language: Read a integer number which has 2 digits after the decimal point. The number also has at least 6 digits the decimal point. Extract all digits at even positions from before the decimal point. Print them in ...

1 ann owed 2500 to barry for services barry rendered to ann

1. Ann owed $2,500 to Barry for services Barry rendered to Ann. The debt was due June 30, 2011. In March 2012, the debt was still unpaid. Barry was in urgent need of ready cash and told Ann that if she would pay $1,500 o ...

Stews plastics produces a variety of cd casesnbspthe

Stew's Plastics produces a variety of CD cases. The best-selling product is the CD-50. Several products are produced on the same manufacturing line, so there is a setup cost each time a changeover is made for a new produ ...

Provide an example of an organization that has achieved

Provide an example of an organization that has achieved competitive success through planning and provide an example of an organization that has failed to achieve competitive success as the result of failed planning.

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As

Follow Us

© Copyright 2013-14 mywordsolution.com All rights reserved