When the interest rate on a bond is below the equilibrium interest rate, there is excess ________ in the bond market and the interest rate will ________

In an inter vivos trust, the settlor transfers legal title of property to a named trustee to hold, administer, and manage for the benefit of named beneficiaries while he or she is alive

Indicate whether the statement is true or false

Managers' involvement and commitment is critical to the success of the succession management process because ________

A) their skills assessments are central to the preparation of identified candidates for future positions B) they will be the future employers of the promoted employees C) managers need to develop their own replacements by training their subordinates adequately D) their bonuses are tied to the success of their subordinates