If a corporation goes out of business,whose claims would be satisfied last,if at all?

Name: If a corporation goes out of business,whose claims would be satisfied last,if at all?
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Quizplus · Accepted Answer

Common shareholders are the last to be paid in the event of a corporation going out of business. This is because they are considered the owners of the company and thus bear the highest risk. Creditors, employees, and preferred shareholders have priority over common shareholders when it comes to claims on the company's assets.

If a Corporation Goes Out of Business,whose Claims Would Be