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Basic Question 3 of 6
In a liquidation of a firm's assets the common shareholders have a claim to what is left after some other parties have been paid. These parties include ______.
II. employees
III. suppliers
IV. bondholders
I. tax authorities
II. employees
III. suppliers
IV. bondholders
User Contributed Comments 2
| User | Comment |
|---|---|
| janglejuic | poor shareholders! |
| Inaganti6 | without risk there is no return they knew what they were getting into |
I passed! I did not get a chance to tell you before the exam - but your site was excellent. I will definitely take it next year for Level II.
Tamara Schultz
Learning Outcome Statements
describe differences in voting rights and other ownership characteristics among different equity classes
CFA® 2024 Level I Curriculum, Volume 3, Module 4.