Except for the Owners,which Group Has the Lowest Claim in a Bankruptcy

question 14

Multiple Choice

Except for the owners,which group has the lowest claim in a bankruptcy situation?

• A) Commercial banks
• B) Investors
• C) Trade debt
• D) Leasing companies

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Definitions:

Funding

The act of providing financial resources, typically in the form of money, or other values such as effort or time, to support a need, program, and project, usually by an organization or government.

VC

Venture Capital, a type of private equity and a form of financing that investors provide to startup companies and small businesses that are believed to have long-term growth potential.

Growing

The process of increasing in size, quantity, value, or strength.

Corporate Angels

Wealthy companies that invest in small startups or entrepreneurs, often for strategic purposes as well as financial return.