Author Question: Which of the following statements is correct concerning the voluntary filing of a petition of ... (Read 93 times)

NguyenJ

  • Hero Member
  • *****
  • Posts: 516
Which of the following statements is correct concerning the voluntary filing of a petition of bankruptcy?
 a. If the debtor has 12 or more creditors, the unsecured claims must total at least 15,325.
  b. The debtor must be solvent.
  c. If the debtor has less than 12 creditors, the unsecured claims must total at least 15,325.
  d. The petition may be filed jointly by spouses (AICPA adapted).

Question 2

Companies must constantly monitor their water pollution and report what they are dumping in discharge monitoring reports, even if it shows they are violating the law.
 a. True
  b. False
  Indicate whether the statement is true or false



cascooper22

  • Sr. Member
  • ****
  • Posts: 312
Answer to Question 1

.D

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

Your heart beats over 36 million times a year.

For a complete list of videos, visit our video library