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Everything else held constant,when bonds become less widely traded,and as a consequence the market becomes less liquid,the demand curve for bonds shifts to the ________ and the interest rate ________.
Personal Liability
involves the responsibility of an individual to personally satisfy debt or liability, potentially involving personal assets.
Fiduciary Relationship
A legal relationship wherein one party has the duty to act in another's best interests in matters over which they hold a trust or confidence.
Director
A member of the board of directors of a company who is responsible for participating in the decision-making processes regarding the company's management.
Officer Of The Corporation
A high-level management official within a corporation, usually appointed by the board of directors, responsible for day-to-day operations and implementing corporate policies.
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