___________Is a Stipulation in a Long-Term Debt Agreement That Subsequent

Multiple Choice

___________is a stipulation in a long-term debt agreement that subsequent or less important creditors agree to wait until all claims of the ____________ are satisfied before having their claims satisfied.

A) The combination restriction; senior debt
B) Subordination; common stockholders
C) Subordination; senior debt
D) The senior debt; common stockholders