Involuntary petitions in straight bankruptcy can be filed against:

A. savings and loan associations.
B. a nonprofit organization.
C. a debtor engaged in business.
D. banking corporations and credit unions.


Answer: C

Business

You might also like to view...

Which of the following is not a symptom of stress?   

A. Slurred speech B. Insomnia C. Hostility D. Alcohol abuse E. Heart attack

Business

If an adjustment for an NSF check is made in a company's bank reconciliation, then the company must have written a bad check during the month

Indicate whether the statement is true or false

Business

To be a close corporation, the business must be small, with no more than 20 owners and no more than $500,000 in gross annual income

a. True b. False Indicate whether the statement is true or false

Business

The universality of management means that ________.

A. all managers in all organizations perform the four management functions B. all managers in all organizations perform the same quantity of managerial functions C. all managers in all organizations perform managerial functions in similar ways D. any manager can work in any organization and perform any management function

Business