Author Question: Which of the following statements is correct concerning the voluntary filing of a petition of ... (Read 21 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?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

Vampire bats have a natural anticoagulant in their saliva that permits continuous bleeding after they painlessly open a wound with their incisors. This capillary blood does not cause any significant blood loss to their victims.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

For a complete list of videos, visit our video library