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.
D
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According to the textbook, the two main types of stressors are ______.
A. hindrance and task B. confront and address C. challenge and hindrance D. address and avoid
The depreciation method that uses a depreciation rate that is a multiple of the straight-line rate and applies it to an asset's beginning-of-period book value is ________.
What will be an ideal response?
Which of the following statements is true about the sustainability theory of social responsibility?
a. It states that corporations should only focus on increasing shareholder wealth. b. It exclusively focuses on the corporations' duty to protect the environment. c. It states that focusing on the world's social and responsible problems will help corporations outperform their peers. d. It states that corporations should think about social responsibility only after they establish themselves and achieve profitability.
Owners of a corporation who elect the board of directors and vote on fundamental changes in the corporation are known as ________
A) spectators B) shareholders C) electors D) associates