A man has been in business for many, many years and the business is going down the drain. He doesn’t know what to do and is seriously contemplating suicide. He goes to the Rabbi to seek his advice. He tells the Rabbi about all of his problems in the business and asks the Rabbi what he should do. The Rabbi says, "Take a beach chair and a Bible and put them in your car and drive down to the edge of the ocean. Go to the water’s edge. Take the beach chair out of the car, sit on it and take the Bible out and open it up. The wind will rifle the pages for a while and eventually the Bible will stay open at a particular page. Read the Bible and it will tell you what to do."The man does as he is told. He places a beach chair and a Bible in his car and drives down to the beach. He sits on the chair at the water’s edge and opens the Bible. The wind rifles the pages of the Bible and then stops at a particular page. He looks down at the Bible and sees what he has to do.
Three months later the man and his family come back to see the Rabbi. The man is wearing a $1,000 Italian suit. The wife is all decked out with a full-length mink coat and the child is dressed in beautiful silk. The man hands the Rabbi a thick envelope full of money and tells him that he wants to donate this money to the synagogue in order to thank the Rabbi for his wonderful advice. The Rabbi is delighted. He recognizes the man and asks him what advice in the Bible brought this good fortune to him. The man replies: “Chapter 11.”
If I find one more person who couldnt understand this joke I will remove it
BTW Hunk what profession are you in? Do you read news? no i am not being sarcastic so please reply.
Chapter 11 is to file for bankruptcy. Joke is too dense for most people, and frankly is pretty illogical.. then again, all jokes are not meant to be understood by everyone or logical.
Chapter 11 is used for business bankruptcies. A business that files Chapter 11 is granted immunity from its creditors i.e, its creditors are barred from attempting to collect previously incurred debts except through the bankcruptcy court. Basically the business is given oppurtunity to get out of certain leases and contracts and allowed to continue to operate while it is in Chapter 11. A business filing Chapter 11 has to propose a "Plan of Reorganization" which has to be approved by the bankruptcy court. Plan of Reorganization means that the business will show and try to convice the court how they will restructure their business and come out of bankruptcy.
The rationale for Chapter 11 Bankruptcy Law is that it is economically more efficient to let the troubled business run, cancel some of its debts and provide some assistance rather than tearing down the business. In this way jobs will be saved, assets will be retained and hopefully the business will grow which is good for the economy as a whole.
In the above "JOKE" obviously the business was going through a bad time and the owner must have been unable to pay the obligations/debt, so finally when he filed Chapter 11 he found great relief since he could continue to operate his business without having to pay his creditors. This meant that he could maintain his life style and not give up all the luxuries which he and his family was accustomed to.
Jumps on the bed, buries head in pillow and starts crying. Aap logon nay to meray joke a kachoombar nikal diya hai :D
Seriously, I am glad to share this information with you all. I wasnt expecting that so many of you wouldnt know Chapter 11. Atleast you guys learned something from me :p
By the way I found the joke funny AND logical perhaps because I am an accounting major but still guys.. c'mon
Sorry man FS..........i know how u must be feelin...........its like whenever i tell a joke to one of my aunts at the end of the joke she says "hmm Phir kya hoa "
and which verse(s) exactly?
