The Obligation remains, of course it does. The argument is that the Ability to fulfil the obligations may be adversely affected with fewer resource available to apply. Using your example of no more cash coming in, I'd imagine any cash reserve being eaten up quite quickly.
Would you not agree?
Nate
Sure I agree......now we're getting to the crux of the issue here. No business should even entertain a project unless they can see it through and make a profit at the end. If ED are starting projects with only enough funds/resources to reach the half way point then they're even more incompetent than I first thought.
I see, so no business ever makes a venture unless they have all the funds in place before hand. Is that your conjecture?
