1.

Correct order of payment. I. Unsecured creditors II. Any surplus, among the contributories III. Liquidation expenses IV. Preferential creditors V. Secured creditors Codes

A.                                  1, 2, 3, 4, 5
B.  4, 3, 2, 1, 5
C.  3, 5, 4, 1, 2
D.  5, 3, 2, 1, 4
Answer» D.  5, 3, 2, 1, 4


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