The rights or claims to the assets of a business may be subdivided into rights of creditors and rights of stockholders.

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Creditors have a claim on the assets of a business to repay debts, while stockholders have a claim to the remaining assets after the debts are paid. Therefore, the rights or claims to the assets of a business can be subdivided into rights of creditors and rights of stockholders.

The Rights or Claims to the Assets of a Business