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MGMT 2017 Chapter 15 Priority of Creditors Question- Explain briefly priority among creditors. X myVCC Students Dashboard - x ( Microsoft Office Home x O

MGMT 2017 Chapter 15 Priority of Creditors Question- Explain briefly priority among creditors.

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X myVCC Students Dashboard - x ( Microsoft Office Home x O Email - Prabhneet Kaur . Outlo x Business Low in vcc.ca/pluginfile.php/1491601/mod_resource/content/3/yates_business-law1 1c_ppt_15.pdf Priority Among Creditors (1 of 2) Trustee in Bankruptcy Holds assets in trust for the creditors - Preserves and looks after the assets - Determines priorities among creditors - Sells assets - Distributes proceeds to creditors . Proof of Claim . Goods suppliers can reclaim goods arch 9

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