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In case of liquidation of a firm, the proceeds from the liquidation will be distributed in the following order: creditors first, then lawyers, then common
In case of liquidation of a firm, the proceeds from the liquidation will be distributed in the following order: creditors first, then lawyers, then common shareholders. common shareholders first, then creditors, then lawyers. common shareholders first, then creditors, then lawyers. lawyers first, then creditors then common shareholders
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