Expand mobile version menu

Commercial Account Manager

Real-Life Activities

Real-Life Decision Making -- Solution

You tell them the whole story, bankruptcy and all.

"Banks have done this in the past and have been sued over it," says Russell. "The rule of confidentiality must be maintained in most circumstances.

"However, if the piece of equipment had been worth a substantial amount of money and the company who sold it could have been severely affected by non-payment, you could consider this option. No bank would want to be responsible for the bankruptcy of the company selling the equipment."