Sunday, December 4, 2011

What do you call when you made a deposit to buy something and company went bankrupted?

Slang- He has been robbed. But it isn't professonal although that's what a person might feel. Any suggestions? terms, phrases or words? thanks|||It could just be bad management or bad policies of the company. That would be naivety, lack of knowledge, too little capital to operate, untrained or negligent staff. In this case, you have not made enough enquiries about the company before investing in it.





The company could also be criminally run, collecting people's money and giving no services or goods in exchange. This again gives you little recourse to justice since the company is bankrupt.





Basically, you are either duped, or deceived, or robbed, or cheated or disappointed. In all cases, you have lost money.|||well if it was a con then the person got conned

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