APR,as it relates to financial distress,means the rules of:

Question

Quizplus · Accepted Answer

APR stands for "absolute priority rule," which is a legal principle related to bankruptcy and financial distress. It determines the order in which creditors get paid when a company is liquidated or reorganized. The rule establishes that creditors with a higher priority must be paid in full before those with a lower priority receive any payment. This ensures that the most important creditors are protected in a bankruptcy proceeding.

APR,as It Relates to Financial Distress,means the Rules Of