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The spinal cord is considered to be hollow due to:
Unsecured Creditors
Creditors who have extended credit without securing collateral, putting them at greater risk of loss if the debtor defaults.
Total Assets
The sum of all resources owned by an entity, including both tangible and intangible items, that have value and can be used to meet liabilities.
Liabilities With Priority
Obligations that have a preferential claim on the assets of a company in case of liquidation over other forms of debt.
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