MENUMENU
  • FREE RESOURCES
        • Accounts Payable
          Finally! The trick to securing greater T&E compliance
          Benefits
          Rooting out folks who don’t belong on your health plan: A 6-point dependent audit checklist
          IT
          3 costly misconceptions about biz email compromise
          Credit and Collections
          Collecting via email: 4 must-make moves in your subject line
          Accounts Payable
          5 Tough-to-spot signs that an invoice is fake
  • PREMIUM CONTENT
        • Staff management
          120 Proven Communications Tips for Today’s CFO
        • Payroll
          Handling Nonexempt Employee Pay: Stay Compliant and Avoid DOL Audits
          Accounts Payable
          T&E Best Practices: Complete Guide to Ensure Compliance
          Payroll
          Payroll Best Practices: 4 Ways to Save Time and Money
        • Staff management
          Email Best Practices: A 6-Question Quiz
          Staff management
          Innovative Communications Strategies: An Email Case Study
          Staff management
          A 5-part Framework for Successful Workplace Communications
        • SEE MORE
          PREMIUM RESOURCES
  • CORONAVIRUS RESOURCES
  • LOGIN
  • SIGN UP FREE

CFO Daily News

MENUMENU
  • FREE RESOURCES
        • Accounts Payable
          Finally! The trick to securing greater T&E compliance
          Benefits
          Rooting out folks who don’t belong on your health plan: A 6-point dependent audit checklist
          IT
          3 costly misconceptions about biz email compromise
          Credit and Collections
          Collecting via email: 4 must-make moves in your subject line
          Accounts Payable
          5 Tough-to-spot signs that an invoice is fake
  • PREMIUM CONTENT
        • Staff management
          120 Proven Communications Tips for Today’s CFO
        • Payroll
          Handling Nonexempt Employee Pay: Stay Compliant and Avoid DOL Audits
          Accounts Payable
          T&E Best Practices: Complete Guide to Ensure Compliance
          Payroll
          Payroll Best Practices: 4 Ways to Save Time and Money
        • Staff management
          Email Best Practices: A 6-Question Quiz
          Staff management
          Innovative Communications Strategies: An Email Case Study
          Staff management
          A 5-part Framework for Successful Workplace Communications
        • SEE MORE
          PREMIUM RESOURCES
  • CORONAVIRUS RESOURCES
  • Accounts Payable
  • Credit and Collections
  • Payroll
  • Accounting
  • Benefits
  • Finance Technology
  • More
    • Employment Law
    • Strategy
    • Policy and Culture
    • Fraud
    • Payments and Transactions
    • Budgeting and Forecasting
    • Banking
    • Staff Management
    • Cost Control
    • Supply Chain
    • IT

4 costly situations that would give any CFO indigestion

Jennifer Azara
by Jennifer Azara
November 26, 2010
2 minute read
  • SHARE ON

Food may be the last thing you want to think about after that massive Thanksgiving dinner. But what you ingest may not only be hazardous to your waistline, it could be hazardous to your wallet!

Check out these recent food-related disputes that put individuals and businesses on the hook financially. Warning: Some may leave a bad taste in your mouth.

Sweet endeavor hits a sour note

A pair of 13 year-olds (and their parents) will be swallowing a fine after the local police were called on them for operating their “business” without a permit. The business in question? A bake stand, selling cupcakes, cookies, brownies and Rice Krispie treats in a Chappaqua, NY park. That monetary slap on the wrist was enough to cut these boys’ entrepreneurial spirit off … they haven’t opened another stand since!

The price of fruit just went up … way up

One routine trip to the grocery store turned out to be anything but routine for a Michigan man … and a financial nightmare for the market he visited. Darrel Alexander claims he was knocked unconscious when a lid exploded off a jar of fruit he bought at a Kroger food store last year. He then sued both the manufacturer and the grocery chain. The court refused to throw the case out, and Alexander’s now been offered a hefty $150,000 settlement to end the issue.

Which food group does this fall in?

Of course there doesn’t necessarily have to be food involved to create an eating related expense. Two Kentucky men will pay a steep price after forcing another man to eat his own beard during a drunken dispute. Harvey Westmoreland said two men cut off his beard, then held a sickle to his throat until he ate it! Both offenders were just sentenced to several years’ probation after being convicted.

He must have been really hungry

Then again, sometimes it’s not the food itself, but the lack of it that ends up putting a major financial pinch on someone. Sixty-year-old Guy Edward Jones was so angry his dinner wasn’t ready for him when he got home one night that he set his house on fire! Fortunately, no one was injured. But Jones is about to pay a hefty price:

  • Bail money, as he’s been charged with arson
  • The cost of a new home, since he burned his down, and
  • The price to retain a divorce attorney, because his wife is finished with him.
Jennifer Azara
Jennifer Azara
Jennifer, a member of the CFO Daily News staff, has covered business and finance for more than 22 years. She has written for CFOs, credit and collections professionals and accounts payable practitioners and has spoken at industry conferences on sales and use tax compliance.

Keep Up To Date with the Latest Finance News

With CFO Daily News arriving in your inbox, you will never miss critical stories on accounting, benefits, payroll & employment law strategies.

Sign up for a free CFO Daily News membership and get our newsletter!
  • This field is for validation purposes and should be left unchanged.
CFO Daily News Logo
  • ABOUT CFO DAILY NEWS
  • ADVERTISE WITH US
  • WRITE FOR US
  • CONTACT
  • Accounting
  • Benefits
  • Payroll
  • Policy and Culture
  • Employment Law
  • Fraud
  • Finance Technology
  • Accounts Payable
  • Credit and Collections
  • Strategy
  • Payments and Transactions
  • Budgeting and Forecasting
  • Banking
  • Staff Management
  • Cost Control
  • Supply Chain
  • IT

CFO Daily News, part of the SuccessFuel Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day’s headlines, CFO Daily News delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.

Privacy Policy Terms of Service
Copyright © 2021 SuccessFuel

WELCOME BACK!

Enter your username and password below to log in

Forget Your Username or Password?

Reset Password

Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.

Log In

preloader