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Which of the Following Would Be a Preferred Creditor in a Corporate

Question 49

Multiple Choice

Which of the following would be a preferred creditor in a corporate bankruptcy?


A) a supplier owed $35,000 for goods it had sold to the corporation
B) 40 employees who are each owed $2,000 in wages
C) a landlord owed 2 month's rent totaling $30,000
D) a car dealer with a chattel mortgage of $20,000 on one of the company's trucks
E) both B and C

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