The proceeds of assets not specifically pledged & nthe surplus of the assets specifically pledged is first available for_________________

Question

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unsecured creditors

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legal charges, liquidators remuneration & expenses

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preferential creditors

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preferential shareholders

1.	The proceeds of assets not specifically pledged & nthe surplus of the assets specifically pledged is first available for_________________
A.	legal charges, liquidators remuneration & expenses
B.	unsecured creditors
C.	preferential creditors
D.	preferential shareholders
Answer» B. unsecured creditors

Discussion