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Author Question: If bankruptcy were to occur, ________ would have the first claim on assets. A) preferred ... (Read 12 times)

shenderson6

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on: Jul 10, 2018
If bankruptcy were to occur, ________ would have the first claim on assets.
 
  A) preferred stockholders
  B) unsecured creditors
  C) equity stockholders
  D) secured creditors

Question 2

The Sarbanes-Oxley Act of 2002 was passed in response to ________.
 
  A) insider trading activities
  B) false disclosures in financial reporting
  C) the decline in technology stocks
  D) the agency issue


randomguy133

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Reply #1 on: Jul 10, 2018
Answer to Question 1

D

Answer to Question 2

B


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