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Logo of Enron. The Enron scandal was an accounting scandal involving Enron Corporation, an American energy company based in Houston, Texas.When news of widespread fraud within the company became public in October 2001, the company filed for bankruptcy and its accounting firm, Arthur Andersen—then one of the five largest audit and accountancy partnerships in the world—was effectively dissolved.
The real purchasing power of fixed payments is eroded by inflation unless they are inflation-adjusted to keep their real values constant. In many countries, employment contracts, pension benefits, and government entitlements (such as social security ) are tied to a cost-of-living index, typically to the consumer price index . [ 127 ]
A specific performance is obtainable for the breach of a contract to sell land or real estate on such grounds that the property has a unique value. In the United States by way of the 13th Amendment to the United States Constitution , specific performance in personal service contracts is only legal " as punishment for a crime whereof the party ...
Ian Casselberry. September 13, 2024 at 5:46 PM. One year after winning the World Series, the Texas Rangers have signed general manager Chris Young to a multiyear contract extension. Additionally ...
Chad de Guzman. September 16, 2024 at 11:01 PM. A photo posted last year by Ryan Routh on LinkedIn with a caption that said he was in Kyiv “to provide soldiers for the war effort.”. Credit ...
Moral philosophers have defined discrimination using a moralized definition. Under this approach, discrimination is defined as acts, practices, or policies that wrongfully impose a relative disadvantage or deprivation on persons based on their membership in a salient social group. [9] This is a comparative definition.
The Department of Transportation announced on Thursday that it was investigating the rewards programs of the four largest US airlines — American, Delta, Southwest, and United — to make sure ...
The real estate market also usually weakens before a recession. [154] However, real estate declines can last much longer than recessions. [155] Since the business cycle is very hard to predict, Siegel argues that it is not possible to take advantage of economic cycles for timing investments.