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If a Company Declares Bankruptcy, Its Physical and Financial Assets

Question 132

Multiple Choice

If a company declares bankruptcy, its physical and financial assets must be used to pay its _____ before the _____ can be paid.


A) bondholders; stockholders.
B) bondholders; stockholders
C) stockholders; bondholders.
D) stockholders; bondholders
E) future investors; stockholders.
F) future investors; stockholders
G) future investors; bondholders
H) future investors; bondholders.

Correct Answer:

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