The Adventures of LOLA BADIOLA

Chapter 39: Good News and Bad News for Lola

November 17, 2022 Sam Gratton Season 1 Episode 39
The Adventures of LOLA BADIOLA
Chapter 39: Good News and Bad News for Lola
Show Notes

Back in Madrid, Lola visits the law offices of Gonzalo Garrido and receives some disturbing news. 

In this chapter we cover a lot of fundamental financial concepts and vocabulary. We start off by defining what ASSETS and LIABILITIES are. Then we explain what OPERATING PROFITS are and how they are used to calculate the ENTERPRISE VALUE of a company. And finally, we talk about SILENT PARTNERS and STAKEHOLDERS to whom the management ultimately answer.

We also briefly discuss some legal English, such as the difference between a CIVIL COURT and a CRIMINAL COURT and what happens when you are SUED for DAMAGES.

And finally, we explain some common idioms and expressions including BIGGER FISH TO FRY, SNAKE IN THE GRASS and GODSEND.

We hope you enjoy the diverse and relevant content in this chapter. When you are ready for more, please sign up to live and interactive classes with Marina and me, right here:

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