问题如下:
Considering the occurence of default, when compared with secured debt holders, debentures' holders generally have:
选项:
A. higher rank.
B. lower rank.
C. the same rank.
解释:
B is correct.
Debentures represent the unsecured debt. In the event of default, unsecured debt holders' claim rank below those of secured creditors.
题目问的是occurance of default ,也就是违约的发生,并没有涉及claim的问题。请问题干中哪一点提示了claim rank 呢?