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.
Answer: D
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