Which of the following is a requirement for an involuntary Chapter 7 bankruptcy petition?

a. The debtor must owe at least $150,000 in unsecured claims to the creditors who file.
b. The debtor must have at least three creditors sign the petition if the debtor has 12 or more creditors.
c. The creditors must have tried to help the debtor overcome the financial difficulties.
d. The debtor must have a majority of the creditors file the petition.


b

Business

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Define incentive pay and explain how it can motivate employees.

What will be an ideal response?

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Dihydrogen oxide is a major air pollutant regulated under the Clean Air Act

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

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Voluntary response bias occurs when the responses to questions do not reflect what the investigator had in mind

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

Business

Which of the following statements about dummy variables is false?

a. We can incorporate any nominal variable into regression analysis by creating one or more dummy variables. b. Dummy variables are also known as binary variables, nominal variables, or indicator variables. c. These variables take on only two values, namely 0 or 1, and those values then indicate the absence or presence of a particular nominal characteristic. d. All of these choices are true.

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