Which of the Following Unsecured Creditors Has First Priority

question 15

Multiple Choice

Which of the following unsecured creditors has first priority?

• A) An ex-spouse who is due alimony.
• B) Unpaid employees.
• C) General creditors.
• D) The court, for its costs.

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Definitions:

Performance Of Organizations

The level of achievement and efficiency an organization attains in meeting its objectives and goals.

Performance Of People

An assessment of how well individuals or groups complete tasks or meet objectives, often evaluated in work or competitive settings.

New Generation

Refers to the current or coming group that is entering adulthood or a workforce, often characterized by different traits or behaviors than previous generations.

Work/Life Balance

The equilibrium between professional responsibilities and personal activities, aiming for a satisfying experience in both areas without undue stress.