If Huedepool Beer runs into financial difficulty,the stockholders as
A)part owners of Huedepool are paid before bondholders get paid anything at all.
B)part owners of Huedepool are paid after bondholders get paid.
C)creditors of Huedepool are paid before bondholders get paid anything at all.
D)creditors of Huedepool are paid after bondholders get paid.

Question

Quizplus · Accepted Answer

In the event of financial difficulties, bondholders have priority over stockholders. This means that the bondholders will be paid first before the stockholders receive any payments. Therefore, option B is the correct answer.

If Huedepool Beer Runs into Financial Difficulty,the Stockholders as