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Unfair business practices (also Unfair Commercial Practices) describes a set of practices by businesses which are considered unfair, and which may be unlawful. It includes practices which are covered by other areas of law, such as fraud , misrepresentation , and oppressive or unconscionable contract terms.
1. We Can't Pay You More. It isn't that your bosses can't pay you more: It's that they won't. According to Geoffrey James, author of "Business Without the Bulls***," a company with any cash flow ...
Krupp's business over-expanded, and had to take a 30m Mark loan from the Preußische Bank, the Bank of Prussia. Danatbank: Germany: 13 July 1931: Banking: At the start of the Great Depression, after rumours about the solvency of the Norddeutsche Wollkämmerei & Kammgarnspinnerei, there was a bank run, and Danatbank was forced into insolvency.
Cronyism describes relationships existing among mutual acquaintances in private organizations where business, business information, and social interaction are exchanged among influential personnel. This is termed crony capitalism , [ 5 ] and is an ethical breach of the principles of the market economy ; in advanced economies, crony capitalism ...
However, since none of these examples of Sokol's chiseling are secret, the only reason I can imagine for the media to ignore them is that they don't fit the Buffett/Berkshire narrative.
Misleading accounting practices Merck & Co. 2002 [55] PricewaterhouseCoopers United States: Recorded co-payments that were not collected Merrill Lynch: 2002 [65] Deloitte & Touche United States: Conflict of interest Mirant: 2002 [55] KPMG United States: Overstated assets and liabilities Nicor: 2002 [55] Arthur Andersen United States
These practices are often considered illegal or unethical and can harm consumers, other businesses and the broader economy. Anti-competitive behavior is used by business and governments to lessen competition within the markets so that monopolies and dominant firms can generate supernormal profit margins and deter competitors from the market ...
Digital World Acquisition Corp. Form 2-4. The litany appears in a section of the S-4 headed "Risk Factors," specifically "Risks Related to our Chairman President Donald J. Trump."