The marshaling of assets doctrine regulates claims against an individual's assets.The following lists groups interested in potential cash distributions.
(1) ) those owed to the creditors of the partnership
(2) ) those owed to separate creditors
(3) ) those owed to partners by way of contribution
When a partner is bankrupt,which order do claims against their property rank?
A) 1,2,3.
B) 2,1,3.
C) 3,2,1.
D) 1,3,2.
E) 3,1,2.
Correct Answer:
Verified
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