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How Does APR Rank the Following Claims in a Bankruptcy

Question 9

Multiple Choice

How does APR rank the following claims in a bankruptcy liquidation?


A) Administrative expenses,wages,government taxes,secured creditors,unsecured creditors,and stockholders
B) Administrative expenses,wages,government taxes,stockholders,secured creditors,and unsecured creditors
C) Wages,administrative expenses,secured creditors,unsecured creditors,government taxes,and stockholders
D) Wages,administrative expenses,secured creditors,unsecured creditors,stockholders,and government taxes
E) Government taxes,administrative expenses,wages,secured creditors,unsecured creditors,and stockholders

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