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The Priorities of Corporate Security Are Usually

Question 53

Multiple Choice

The priorities of corporate security are usually


A) fixed charges in preference over floating charges,debentures in preference over mortgage bonds.
B) fixed charges in preference over floating charges,mortgage bonds in preference over debentures.
C) floating charges in preference over fixed charges,debentures in preference over mortgage bonds.
D) floating charges in preference over fixed charges,mortgage bonds in preference over debentures.
E) None of these.

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