In the event of bankruptcy, claims at the same level of the capital structure are: A. On
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In the event of bankruptcy, claims at the same level of the capital structure are:
A. On an equal footing, regardless of size, maturity, or time outstanding.
B. Paid in the order of maturity from shortest to longest, regardless of size or time outstanding.
C. Paid on a first-in, first-out (FIFO) basis so that the longest-standing claims are satisfied first, regardless of size or maturity.
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