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Basic Question 3 of 6
In a liquidation of a firm's assets the common shareholders have a claim to what is left after some other parties have been paid. These parties include ______.
II. employees
III. suppliers
IV. bondholders
I. tax authorities
II. employees
III. suppliers
IV. bondholders
User Contributed Comments 2
| User | Comment |
|---|---|
| janglejuic | poor shareholders! |
| Inaganti6 | without risk there is no return they knew what they were getting into |
Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh
Learning Outcome Statements
describe differences in voting rights and other ownership characteristics among different equity classes
CFA® 2024 Level I Curriculum, Volume 3, Module 4.