Of the Preferred Creditors, the Highest Priority of Claim Is

question 37

Multiple Choice

Of the preferred creditors, the highest priority of claim is

• A) expenses and fees of the trustee in bankruptcy.
• B) the amount required by government to be deducted from employees' salaries.
• C) up to three months of rent due to the landlord.
• D) up to two years of municipal taxes.
• E) up to $2000 arrears in wages per employee.

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