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Basic Question 3 of 6

In a liquidation of a firm's assets the common shareholders have a claim to what is left after some other parties have been paid. These parties include ______.

I. tax authorities
II. employees
III. suppliers
IV. bondholders

User Contributed Comments 2

User Comment
janglejuic poor shareholders!
Inaganti6 without risk there is no return they knew what they were getting into
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Your review questions and global ranking system were so helpful.
Lina

Lina

Learning Outcome Statements

describe differences in voting rights and other ownership characteristics among different equity classes

CFA® 2025 Level I Curriculum, Volume 3, Module 4.