The parties who are paid last in the event of winding-up are
- preference shareholders
- debenture holders
-
ordinary shareholders
- trade creditors
The correct answer is: C
Explanation
Ordinary Shareholders represent people who have a fraction of ownership in a corporation that issues such shares. They get to vote on the company's major decisions, usually decided at its shareholder meetings. The shareholder may or may not receive a dividend. They are usually the last to get paid in the event that the company is folding up.