Creditors' Claims to a Corporation's Resources Are Referred to As

question 103

Multiple Choice

Creditors' claims to a corporation's resources are referred to as:

• A)Dividends.
• B)Assets.
• C)Liabilities.
• D)Stockholders' equity.

---

Definitions:

State

An organized political community under one government, recognized as sovereign or independent.

Inequality

A situation where resources, opportunities, and rights are distributed unevenly amongst individuals or groups in a society.

Regulate Inequality

Efforts or policies aimed at managing or reducing the disparities in wealth, resources, or opportunities among members of a society.

Abolish Inequalities

Efforts aimed at eliminating disparities in wealth, status, and power among different groups in society.