Which of the Following Statements Is True About the Order

question 22

Multiple Choice

Which of the following statements is true about the order of repayment for a company in liquidation?

• A)Creditors rank before ordinary shareholders.
• B)Ordinary shareholders rank before preference shareholders.
• C)Wages owing to employees rank last.
• D)All of the statements are true.

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Definitions:

Sense of Play

A mindset that encourages spontaneity, creativity, and enjoyment in activities.

Territoriality

Study of how animals and humans use space and objects to communicate occupancy or ownership of space.

Proxemics

The study of how human beings use and perceive the physical space around them, particularly in relation to personal space and territory.

Nonverbal Behavior

Actions or expressions that convey messages without the use of spoken words, including gestures, facial expressions, and body language.