Who Is Paid Last in the Event of Bankruptcy

question 101

Multiple Choice

Who is paid last in the event of bankruptcy?

• A) Shareholders
• B) Secured Bond Holders
• C) Banks
• D) Debenture Holders
• E) Suppliers

---

Definitions:

Culture-Based Theories

Theories that explore how cultural beliefs, values, practices, and social organizations influence human behavior and society.

Midden

An archaeological term for a prehistoric trash heap, consisting of shells, animal bones, and other refuse, indicating human settlement or activity.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness and interdependence among the world's markets and businesses.

Paleoanthropology

A branch of anthropology focusing on the study of ancient humans and their predecessors through fossils and other remains.