When assets are distributed in bankruptcy proceeding

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Reference no: EM131185504

Which one of the following will generally have the highest priority when assets are distributed in a bankruptcy proceeding?

A. Payment to an unsecured creditor.

B. Payment of employee wages.

C. Dividend payment to preferred shareholders.

D. Consumer claims.

E. Company contribution to the employees' retirement account.

Reference no: EM131185504

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