Put the following classes in the order allowed by the Bankruptcy Act, starting with the highest priority to the lowest: ?
1) Expenses to administer estate
2) Tax claims of governmental units
3) Wages (including salaries and commissions) up to $ \$ 10,000 $ earned within 180 days
4) deposits up to $ \$ 1,800 $ each for goods or services never received from the debtor

Question

Quizplus · Accepted Answer

The correct order according to the Bankruptcy Act is: 1) Expenses to administer estate, 3) Wages up to $10,000 earned within 180 days, 4) Deposits up to $1,800 for goods or services never received, 2) Tax claims of governmental units.

Put the Following Classes in the Order Allowed by the Bankruptcy