Question: Question 1 ( 1 point ) The business has the following creditors: Visa credit card balance; City of Calgary ( property taxes ) ; Enmax
Question point
The business has the following creditors: Visa credit card balance; City of Calgary
property taxes; Enmax outstanding utilities bill; landlord commercial lease
months rent; ABC Lender holds a specific security agreement with the company
truck as collateral; Esso credit card balance. What is the order of priority in
bankruptcy for the following creditors? Note: if there are creditors who rank
equally, use the same ranking number for each of them.
ABC Lender
landlord
Enmax
bankruptcy trustee fees and expenses
Esso
City of Calgary
Visa
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