A(n) ________ is an original creditor who becomes a beneficiary under the debtor's new contract with another party

When is a country said to move into a recession?

a) If actual output falls below the potential level of output. b) If actual output falls below the trend level of output. c) If actual output falls. d) If actual output falls for two consecutive quarters of a year.

Which of the following is NOT a trend in corporate governance expected to continue?

A) Institutional investors are becoming active on boards. B) Boards are getting more involved in shaping company strategy. C) Boards are getting larger. D) Shareholders are demanding that directors and top managers own more than token amounts of stock in the corporation. E) Outside directors are taking charge of annual CEO evaluations.