Which of the following statements about the distribution of the debtor's estate is false?
A) The priority claims are paid after secured creditors realize on their collateral.
B) Each class must be paid in full before the next class is entitled to receive anything.
C) Payments are made to the 10 priority classes,in order,to the extent there are funds available.
D) To the extent there are insufficient funds to satisfy all the creditors within a class,each class member receives an equal share of his claim.
Correct Answer:
Verified
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