McGuire was an employee of First National Bank of Grayson (FNBG). FNBG participated in a Kentucky Housing Corporation (KHC) program in which KHC loaned money to financial institutions. The institutions would then make low-interest loans to low-income individuals who qualified for purchase of a home. FNBG received the funds and produced bogus paperwork for 80 loans but never loaned the money. Instead, they invested the money at a high rate of interest. Eventually the money was returned to KHC, but McGuire was charged with making false records and fraud. Can McGuire, as an employee, be held liable?

what are the answer choices?

answer; revisionist;

answer; software failure, and human error;

answer

car dealerships cannot obtain stock

explanation

recession is a period in the economy of a nation or a state   when there is temporary economic decline that is when people produce and spend less. that is industrial activities are reduced.it can be caused by increased unemployment which leads to less growth and a drop in consumer spending which affects businesses. during this period business sales and revenues decrease thus causing businesses not to expand this is because the demand goes down and the businesses start reporting loses.