In the Context of Bankruptcy Proceedings, Liquidating Dividends Are

Multiple Choice

In the context of bankruptcy proceedings, liquidating dividends are

A) payments made to creditors from time to time as realisation of the debtor's assets permits.
B) unexpected returns from assets that were unaccounted for in the books.
C) funds distributed to shareholders when a corporation is in bankruptcy.
D) proceeds from the sale of assets over and above the security claims.
E) the distributed funds which are over and above the stated book value.