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In the event of winding up of a company, who among the following is paid last?

In the event of winding up of a company, who among the following is paid last?
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Cumulative preference shareholders
  • B Debenture holders
  • C Ordinary shareholders
  • D Preference Shareholders
  • E Trade creditors
Correct Answer: Option C
Explanation:

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