• Overview of Chinese core journals
  • Chinese Science Citation Database(CSCD)
  • Chinese Scientific and Technological Paper and Citation Database (CSTPCD)
  • China National Knowledge Infrastructure(CNKI)
  • Chinese Science Abstracts Database(CSAD)
  • JST China
  • SCOPUS
WANG Dongguang. The Priority of Consumer’s Claims in InsolvencyProceedingsJ. Journal of Beijing Institute of Technology (Social Sciences Edition), 2011, (2): 98-102.
Citation: WANG Dongguang. The Priority of Consumer’s Claims in InsolvencyProceedingsJ. Journal of Beijing Institute of Technology (Social Sciences Edition), 2011, (2): 98-102.

The Priority of Consumer’s Claims in InsolvencyProceedings

  • Consumers are not businessmen and in most cases are involuntary creditors for infringement. Therefore, consumers should not be one of the subjects who share risks in frame of limited liability system. Consumers are the final source of interest for the whole supply unit. Risks should be shared among the supply unit. In insolvency proceedings, claims for personal injury compensation of consumers should be given priority, compared with claims for work, claims of government and secured claims.
  • loading

Catalog

    Turn off MathJax
    Article Contents

    /

    DownLoad:  Full-Size Img  PowerPoint
    Return
    Return