In the event of bankruptcy, stockholders have a claim to assets of the corporation before bondholders.

Name: In the event of bankruptcy, stockholders have a claim to assets of the corporation before bondholders.
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In the event of bankruptcy, bondholders have a claim to assets of the corporation before stockholders. Bondholders are considered creditors and have a higher priority in receiving payment for their loans to the corporation compared to stockholders who are considered owners of the company.

In the Event of Bankruptcy, Stockholders Have a Claim to Assets