The stockholders' rights to the assets rank ahead of the creditors' rights to the assets.

True/False

Hello keke:

Is this homework?? We don't do homework. But, if you tell me what you think and why, I'll tell you if you're right. If you're wrong, I'll give you the right answer. But, you're going to have to do some work yourself.

Besides, I'm not going to be around when you're a businessperson who needs to know the answers.

excon

True, Stockholders own it.

Hello again, keke:

Nope. Stockholders own the company, but they can't stiff the creditors. The owners are entitled to their shair of the assets after all the creditors (which includes employees) have been paid.

excon