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Factors Resulting in Liquidation of Companies

   

Added on  2019-11-26

9 Pages3000 Words207 Views
Running head: LIQUIDATION OF COMPANIESFactors Resulting in Liquidation of CompaniesName of the University:Name of the Student:Authors Note:

1LIQUIDATION OF COMPANIESExecutive SummaryThe reason for which several companies deal with liquidation concern will be analysed in thecurrent report. Examples of a few renowned companies are considered in the report thatsupported in elaborating aspects leading to organizational liquidation. Some of these factorsoncludes ethics and governance of companies such as HIH Insurance, ABC Learning, and OneTel Phone Company that led to financial troubles of these firms. Before the total failure, ABCLearning Company faced great losses at the end of the year that decreased all the profits whichgot acquired by organization. Moreover, the company got rid of every dubious claim forattaining profit. The companies are recommended to prepare settlement account with all itscreditors along with developing a payment plan. Such recommendation might be effective for theorganization might have to deal with decreased creditors.

2LIQUIDATION OF COMPANIESTable of Contents1. Introduction......................................................................................................................32. Factors Leading to Liquidation........................................................................................32.1. Factors Leading to ABC Learning Company Liquidation.......................................32.2. Factors Leading to HIH Insurance Company Liquidation.......................................32.3. Factors Leading to One Tel Phone Company Liquidation.......................................43. Governance and Ethics within Organizations..................................................................43.1. ABC Learning Company’s Ethics and Governance Issues......................................43.2. ABC Learning Company’s Ethics and Governance Issues......................................43.3. ABC Learning Company’s Ethics and Governance Issues......................................54. Liabilities Associated with Company Liquidation..........................................................54.1. ABC Learning Company Liquidation with Liabilities.............................................54.2. ABC Learning Company Liquidation with Liabilities.............................................64.3. ABC Learning Company Liquidation with Liabilities.............................................65. Recommendations............................................................................................................66. Conclusion.......................................................................................................................6Reference List......................................................................................................................8

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