An online food delivery service goes out of business owing to stiff competition. The company has long overdue taxes because of which its stockholders do not receive the proceeds of the company after its dissolution. In this case, the company is not able to fulfill the _____ of its stockholders.

A. right to a residual claim on assets
B. prima facie right
C. right to dividends and capital gain
D. preemptive right


Answer: A

Business

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