1.____________ creditors have a higher priority in bankruptcy than unsecured creditors. 2. In bankruptcy, unsecured salaries are limited to $ _______________per individual. 3. In...

1.____________ creditors have a higher priority in bankruptcy than unsecured creditors.

2. In bankruptcy, unsecured salaries are limited to $ _______________per individual.

3. In bankruptcy,_____________ are paid last.

4. A(n)________________ means that the court releases the business from legitimate debts in bankruptcy.

5. The_______________ is an effort to predict bankruptcy (financial distress) of a business, using a blend of the traditional financial ratios and multiple discriminant analysis (MDA).