If a corporation goes bankrupt, who gets paid back first from any remaining funds? *
a. Common stock holders.
b. Preferred stock holders.
c. Bond holders.
d. Day traders.
7. What is the role of the Federal Deposit Insurance Corporation (FDIC)? *
a. To monitor the investments of banks.
b. To provide social insurance for the elderly.
c. To insure bank depositors against bank collapse.
d. All of the above.
8. Jose purchases a call option allowing him to buy shares of computer stock at $150 six months from now. He pays $20/share for the call option. At the end

Generally speaking, if a corporation goes bankrupt, it is the "preferred stock holders" who get paid back first from any remaining funds, and the role of the FDIC is to "c. To insure bank depositors against bank collapse," since without this there would be little faith in the banking system.

Answer Link