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The word ( ) means "the condition of having more debts (liabilities) than total assets which might be available to pay them, even if the assets were mortgaged or sold".
答案:
insolvency
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Directors must carry out their responsibilities with competence, in ( ) and undivided loyalty to the enterprise.
答案:
good faith
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Corporate governance in the UK mediates the rights and duties among ( ), employees, creditors and directors.
答案:
shareholders
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