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Two areas in which corporate governance is being reformed are the role of boards of directors and ________.
Bankruptcy Cases
Legal processes initiated by individuals or businesses unable to repay their debts, seeking relief from some or all of their financial obligations.
Federal District Courts
The trial courts of the United States federal court system where civil and criminal cases are initially filed and adjudicated.
Collateral Matters
Topics or issues that are indirectly related to the main subject at hand.
Obligation
A legal or moral duty to do or not do something, often arising from a contract or promise.
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