You must be an attorney, I am not but I am a CPA and I can never remember anyone being charged with

THEISMANCARR 18147 posts Joined: Aug 10, 2007

Posted 5:38 pm on Dec 9, 2024

a crime or being sued when the parties were completely happy and everyone made money and were happy to be doing business with each other. No one was injured.

I truly loved Business Law when I took it as one of my requirements my Accounting degree. I sometimes regret not having gone to law school but I was a little immature in the sense that I was a mama's boy and wanted to be near her to protect her from my father's ways.

Replies 34

You must be an attorney, I am not but I am a CPA and I can never remember anyone being charged with THEISMANCARR 5:38pm · 12/9/24
- Not quite true. The bank was as the interest rate was more favorable to the lendee. There was Frank L 5:46pm · 12/9/24
  - The bank was represented, accepted the valuation, and was paid in full, never sued. A victim? NedoftheHill 7:20pm · 12/9/24
    - Yup they were a victim and the company committed fraud. The amount of penalty though will be greatly Frank L 7:31pm · 12/9/24
  - Doesn't every try to negotiate for the best rate? And they were anxious to do business with him. THEISMANCARR 5:59pm · 12/9/24

View Full Conversation