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As Between an Unpaid Supplier Who Recently Delivered Inventory,the Trustee

Question 38

Multiple Choice

As between an unpaid supplier who recently delivered inventory,the trustee for its expenses,the Canada Revenue Agency (CRA) for unpaid remittances and an unpaid employee,which creditor has first priority upon bankruptcy?


A) CRA
B) unpaid supplier
C) trustee for its expenses
D) unpaid employee

Correct Answer:

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