Question

In the case of a failing company, the first claim to the company's assets lies with:

a. the managers of the company.
b. the owners of the company.
c. the state governments.
d. the creditors of the company.

Answer 1

d. the creditors of the company.

Step-by-step explanation:

The creditors of the company are those whom the company owes money.

They are the first to be paid in case of a dissolution of a company.

I hope my answer helps you