Which of These Is the Rule Under Which Claimants Are

question 60

Multiple Choice

Which of these is the rule under which claimants are paid in a Chapter 7 bankruptcy?

• A) First come, first served
• B) Absolute priority
• C) Term structure priority
• D) Date due priority

---

Definitions:

Imprinting

The development of a social attachment to a stimulus experienced during a sensitive period of development.

Sensitive Periods

Times in an organism's development during which the organism is particularly receptive to certain stimuli, leading to lasting changes in behavior or capabilities.

Organism

A living individual, ranging from single-celled to complex multicellular entities, capable of performing biological functions.

Flavor Aversion Conditioning

The learned avoidance of a particular food or drink because it has been associated with an illness or bad experience.