If Company M&Z Ltd Is Wound Up,the Claim of the Ordinary

question 40

Multiple Choice

If company M&Z Ltd is wound up,the claim of the ordinary shareholders to the net assets comes

• A)first.
• B)second behind banks.
• C)third behind banks and other financial institutions.
• D)last.

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Definitions:

Birth Order

Birth order refers to the chronological order of siblings' births in a family which is theorized to influence personality development and interpersonal relationships.

Early Recollections

Memories from the initial years of life, often used in therapy to uncover insights about an individual's personality.

MMPI

Minnesota Multiphasic Personality Inventory, a standardized psychometric test of adult personality and psychopathology used to assess and diagnose mental disorders.

Paranoia Scale

A psychological assessment tool designed to measure levels of paranoia or paranoid thoughts in individuals.