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6) When a company declares bankruptcy and its assets are liquidated, the order of settlement is a) corporate bondholders, ordinary shareholder and preference shareholders b)

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6) When a company declares bankruptcy and its assets are liquidated, the order of settlement is a) corporate bondholders, ordinary shareholder and preference shareholders b) corporate bondholders, preference shareholder and ordinary shareholders c) preference shareholders, ordinary bondholders and corporate bondholders d) ordinary shareholders, preference shareholders and corporate bondholders

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