According to the Absolute Priority Rule (APR), the Correct Descending

question 1

Multiple Choice

According to the Absolute Priority Rule (APR) , the correct descending order of claim priority is:

• A)administrative claims; statutory priority claims; secured creditors' claims; unsecured creditors' claims; equity claims.
• B)equity claims; administrative claims; statutory priority claims; secured creditors' claims; unsecured creditors' claims.
• C)statutory priority claims; administrative claims; secured creditors' claims; unsecured creditors' claims; equity claims.
• D)administrative claims; statutory priority claims; unsecured creditors' claims; secured creditors' claims; equity claims.

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