In the event of bankruptcy,preference shareholders and ordinary shareholders have the same claim on the firm's assets.

Name: In the event of bankruptcy,preference shareholders and ordinary shareholders have the same claim on the firm's assets.
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In the event of bankruptcy, preference shareholders have priority over ordinary shareholders in terms of claims on the firm's assets. This means that preference shareholders are generally paid first before any funds are allocated to ordinary shareholders.

In the Event of Bankruptcy,preference Shareholders and Ordinary Shareholders Have