In a liquidation,each claim against the assets of the firm will be satisfied equally.

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In a liquidation, claims against the assets of the firm will be satisfied in a specific order of priority. Generally, secured creditors are paid first with the proceeds from the sale of assets, followed by unsecured creditors (such as bondholders or suppliers), and finally, owners/shareholders receive any remaining funds. Therefore, claims are not satisfied equally in a liquidation.

In a Liquidation,each Claim Against the Assets of the Firm