Which of the Following Creditors Has First Priority

question 24

Multiple Choice

Which of the following 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:

Seaward End

The part of a geological feature, such as a river or glacier, that is closest to or extends into the sea.

Intense Erosion

The rapid wearing away of soil and rock by water, wind, or ice.

Promontory

A ridge of land that juts out into a body of water.

Aligned Relative

The positioning of objects in a specific orientation or direction in relation to each other.