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.

Respuesta :

Answer:

The correct phrase for the blank space is: right to a residual claim on assets.

Explanation:

The right to a residual claim on assets represents the grant stakeholders possess while investing in a company. Residual equity itself is calculated by subtracting liabilities of a company from its assets. Though, in front of bankruptcy, the liabilities tend to be greater than the assets which imply stakeholders are unlikely to distribute any asset left of the company.