According to Priority, Which of the Following Claimants Is the Last

question 7

Multiple Choice

According to priority, which of the following claimants is the last to be paid after assets have been liquidated of a corporation?

• A) creditors
• B) common stockholders
• C) preferred shareholders
• D) bond holders

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Definitions:

Night Terrors

Intense episodes of fear that occur during sleep, typically in children, causing them to wake up in a terrified state.

Rapid Eye Movement

A phase of sleep characterized by quick, random movements of the eyes, associated with vivid dreaming.

Circadian Rhythm

The internal biological clock that regulates the sleep-wake cycle and repeats roughly every 24 hours.

Biological Cycle

A natural, recurring physiological or behavior change in living organisms that is influenced by environmental factors or internal mechanisms.