Posted On: 02/12/2014 2:48:49 PM
Post# of 43066
I find your posting very interesting because you openly defend dishonesty.
btw, the issue is not whether or not it can be proven that the person lied. If you look at the law concerning misrepresentation (a civil offense), misrepresentation is the act of withholding information that may be pertinent to an outcome. For example, a company hires a salesman and promises great things. A great market, lots of good contacts, that kind of hting. The salesman signs on, expecting to make lots of $$, toils away, makes just a few $$, and quits. That is misrepresentation. He would win that in a court of law.
To me, it is a concept. Misrepresentation is dishonesty. People are either honest, or they are not. And who has time to go to court?
Using the word may means they are dishonest. And you are defending it. The only purpose of that PR and the leak followed by the retraction was to get the information in the public domain. And the fact is, JBI is not accountable for it. They can deny those numbers if ever held to it in a court of law.
The fact is that these studies are done for the purpose of investment, and they are to be relied upon. The reputation of the engineering firm is at stake. That is why they are called Professional Engineers. It does not mean that assumptions were made that were only valid at the time. Those asumptions are made to be forward-looking, valid for the duration (in years) of the economic life of the capital project.
btw, the issue is not whether or not it can be proven that the person lied. If you look at the law concerning misrepresentation (a civil offense), misrepresentation is the act of withholding information that may be pertinent to an outcome. For example, a company hires a salesman and promises great things. A great market, lots of good contacts, that kind of hting. The salesman signs on, expecting to make lots of $$, toils away, makes just a few $$, and quits. That is misrepresentation. He would win that in a court of law.
To me, it is a concept. Misrepresentation is dishonesty. People are either honest, or they are not. And who has time to go to court?
Using the word may means they are dishonest. And you are defending it. The only purpose of that PR and the leak followed by the retraction was to get the information in the public domain. And the fact is, JBI is not accountable for it. They can deny those numbers if ever held to it in a court of law.
The fact is that these studies are done for the purpose of investment, and they are to be relied upon. The reputation of the engineering firm is at stake. That is why they are called Professional Engineers. It does not mean that assumptions were made that were only valid at the time. Those asumptions are made to be forward-looking, valid for the duration (in years) of the economic life of the capital project.
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