Question

In a bankruptcy proceeding, which of the following debts will have the lowest priority?
A.Government tax claims.
B.Employees owed wages earned within 90 days of filing.
C.Consumers who have paid deposits or prepayments for undelivered goods or services up to $1,800 per consumer.
D.Creditors with claims in the normal course of business incurred after the bankruptcy was filed.

Answer

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