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Regarding priority claims: each claimant in a priority class shares pro rata if the assets cannot satisfy all claims in the class. employees have a
Regarding priority claims:
each claimant in a priority class shares pro rata if the assets cannot satisfy all claims in the class.
employees have a priority for contributions to employee benefit plans but only to the extent that the $ cap for unpaid wages has not been reached.
subordination agreements are not enforceable.
All of the above.
Both a and c are correct.
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