As Defined by the Bankruptcy Code,creditors with Priority

Multiple Choice

As defined by the Bankruptcy Code,creditors with priority:
I.have collateral claim against specific assets.
II.are unsecured creditors who have priority over other unsecured creditors.
III.are the first to be paid from any proceeds available to unsecured creditors.

A) I only
B) II only
C) I, II and II
D) Both II and III