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When a bankruptcompany is about to be liquidated,whichunsecured liabilities is more likely to be paid first? federal income taxes payable bank loans loans made to

When a bankruptcompany is about to be liquidated,whichunsecured liabilities is more likely to be paid first?

federal income taxes payable

bank loans

loans made to the company by its stockholders

claims for expenses of administering the bankruptcy

employees' claims for salaries

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