The collapse of the subprime mortgage market in 2008 involved issues of foreclosure, securities sales, bankruptcy, and eminent domain as cities sought to clean up areas affected with blight by excessive numbers of foreclosure. List the sources of law you can see that would be applied in dealing with all of these issues
Foreclosure would require an understanding of state laws, including the provisions on contracts, real property rights, the foreclosure process, and even on interest rates.
Securities sales would be governed by federal law found in the United States Code. There could also be some state securities laws if the mortgage debt instruments sold qualified for an exemption from federal securities laws.
Bankruptcy is an exclusively federal issue - governed by the bankruptcy courts and provisions in the United States Code.
Eminent Domain is a constitutional issue, governed by the Fifth Amendment. There could also be some state constitutional protections. Also, there may be some new states laws on local governments taking property for purposes of economic development.
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___________________________________ is a measure of a company's ability to meet its future debt obligations after paying income taxes and interest costs and making capital expenditures
Fill in the blank(s) with correct word
If you have more than one related point in an e-mail:
a. use numbers for the points b. use headings for the points c. begin by saying how many points your e-mail will cover d. all of the above
The organizational plan for an application message is most like that of a
a. routine news message to staff about a company matter. b. congratulatory message to a colleague or customer. c. request for colleagues to contribute to a charity. d. good-news message to customers concerning a price reduction.
Antonsen Inc., an accounting firm in Texas, follows certain guidelines while providing consulting services to a firm. One such guideline is to limit the services it provides to the firms it audits. The CEO of Antonsen Inc. is also required to certify the validity of the company's financial statements. In this scenario, Antonsen Inc. most likely abides by the requirements of the _____.
A. Sarbanes-Oxley Act B. Blaine Act C. Landrum-Griffin Act D. Dawes Act