If Home Depot loses its dominance in the retail home improvement market and eventually becomes bankrupt, its preferred shareholders carry senior positions as claimants in bankruptcy vis-à-vis common shareholders. a. True b. false

True

Explanation:A claimant is a person or business entity which is entitled to actual file a claim in order to obtain some benefits based on an insurance policy

Share holder in senior positions are the ones who are responsible for all the financial aspects of the business and are literally like the major owners of that business hence they suffer the great financial loss during bankruptcy hence have to file for some reliefs, financially.

True

Explanation:

If Home Depot loses its dominance in the retail home improvement market and eventually becomes bankrupt, its preferred shareholders carry senior positions as claimants in bankruptcy vis-à-vis common shareholders. This is true because preferred stakeholders carry senior positions to common stakeholders as common claimants in bankruptcy for example, If Heinz loses its dominance in the ketchup market and eventually becomes bankrupt, its preferred shareholders carry senior positions as claimants in bankruptcy vis-à-vis common shareholders.

answer; conceptual skills;

answer; buyer guide;