Which of the following is the minimum limitation necessary for filing an involuntary bankruptcy petition in connection with a company that has 57 unsecured creditors?

A. The signature of 12 creditors to whom the debtor owes at least $14,775 in unsecured debt.
B. The signature of six creditors to whom the debtor owes at least $18,250 in unsecured debt.
C. The signature of three creditors to whom the debtor owes at least $15,775 in unsecured debt.
D. The signature of nine creditors to whom the debtor owes at least $23,225 in unsecured debt.

Ans: C. The signature of three creditors to whom the debtor owes at least $15,775 in unsecured debt.

Business

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A. Provides individualized feedback to students through leadership behavior ratings B. Analyzes the challenges commonly faced in the work environment C. Establishes a useful vehicle for leadership discussions D. Provides greater transferability to the workplace

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A bond has a coupon rate of 5.65 percent, a face value of $1,000, semiannual payments, and sells at par. The current yield is _____ percent and the effective annual yield is _____ percent.

A. 5.73; 5.81 B. 5.73; 5.65 C. 5.73; 5.73 D. 5.65; 5.73 E. 5.65; 5.81

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