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Author Question: Creditors of Northern Hydraulics file an involuntary bankruptcy petition against the company and the ... (Read 113 times)

KimWrice

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on: Jun 24, 2018
Creditors of Northern Hydraulics file an involuntary bankruptcy petition against the company and the petition is approved. What is true of Northern Hydraulics?
 A)Northern Hydraulics has at least 10,425 in debts.
 B)There are at least 12 creditors.
 C)A custodian has automatically been appointed.
 D)It must make all the filings necessary under a voluntary petition.

Question 2

A clean bill of lading establishes a rebuttable presumption that the goods delivered to an ocean carrier were in good condition.
  Indicate whether the statement is true or false


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Toya9913

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Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

TRUE


KimWrice

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Reply 2 on: Jun 24, 2018
Great answer, keep it coming :)

amcvicar

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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