Regarding Priority Claims

Regarding priority claims:

A) Each claimant in a priority class shares pro rata if the assets cannot satisfy all claims in the class.
B) Employees have a priority for contributions to employee benefit plans but only to the extent that a $4,500 cap for unpaid wages has not been reached.
C) Subordination agreements are enforceable.
D) Both (a) and (c) are correct.
E) (a) , (b) , and (c) .

Correct Answer:

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