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

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