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Grundy's Employer Recently Assigned Itself into Bankruptcy,leaving Grundy Unpaid in the Amount

Question 47

Multiple Choice

Grundy's employer recently assigned itself into bankruptcy,leaving Grundy unpaid in the amount of $1,800 for back wages.Which category of creditor describes Grundy?


A) secured creditor
B) deemed statutory trust beneficiary
C) unsecured creditor
D) preferred creditor

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