Put the following classes in the order allowed by the Bankruptcy Act, starting with the highest priority to the lowest:
1) Expenses to administer estate
2) Tax claims of governmental units
3) Wages (including salaries and commissions) up to $10,000 earned within 180 days
4) deposits up to $1,800 each for goods or services never received from the debtor
A) 1,3,4,2
B) 3,1,2,4
C) 4,2,1,3
D) 2,1,3,4
Correct Answer:
Verified
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