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1.lenders
2.stockholders
3.private financiers
4.owners

2007-01-07 04:47:37 · 1 answers · asked by Anonymous in Education & Reference Other - Education

1 answers

I thought stockholders were the owners ? ! ?
In bankruptcy court , lenders would be first in line and the private financiers could also be classified as lenders (both would be creditors) unless the financiers held stock as a payment.
If debts are paid on time the stockholders / owners get all say in the profits but if the debts are delinquent , then the creditors get paid first.

2007-01-07 04:55:09 · answer #1 · answered by kate 7 · 0 0

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