From first to last, in what order would claimants receive payment in the event of bankruptcy?
Holders of secured debt.
Holders of subordinated debentures.
General creditors.
Preferred stockholders.
A) III, I, II, IV.
B) IV, I, II, III.
C) I, III, II, IV.
D) I, II, III, IV.
Answer: C) I, III, II, IV.