Home » Commerce » In the event of the liquidation of a company, the first to be settled are?

In the event of the liquidation of a company, the first to be settled are?

In the event of the liquidation of a company, the first to be settled are?
  • A.
    debenture holders
  • B.
    members of the board
  • C.
    preference shareholders
  • D.
    ordinary shareholders
Correct Answer: Option A
Explanation