Final answer:
Stockholders do not have a claim to assets of the corporation before bondholders in the event of bankruptcy.
Explanation:
FALSE
In the event of bankruptcy, stockholders are considered residual claimants and have a claim to the assets of the corporation only after other creditors, including bondholders, have been paid.
This is because bondholders have a higher priority in the capital structure of a company, granting them preference over stockholders in the event of bankruptcy.
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