asked 219k views
3 votes
If bankruptcy were to​ occur, ________ would have the first claim on assets.

a. secured creditors
b. unsecured creditors
c. equity stockholders
d. preferred stockholders

asked
User Ruelluna
by
7.9k points

1 Answer

1 vote
If bankruptcy were to occur, (secured creditors) would have the first claim on assets.


I hope it helps.
answered
User Axa
by
8.0k points
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