Which resource provider typically receives first priority when resources are divided as part of a business's liquidation?
A)The company's managers
B)Stockholders
C)Creditors
D)Owners

Question

Quizplus · Accepted Answer

In a business liquidation, creditors receive first priority in the distribution of resources. After creditors, the stockholders (also called owners) receive what is left.

Which Resource Provider Typically Receives First Priority When Resources Are