Which of the Following Types of Petitions in a Chapter

question 44

Multiple Choice

Which of the following types of petitions in a Chapter 7 bankruptcy constitute an order for relief?

• A) voluntary petitions only
• B) all involuntary petitions,but no voluntary petitions
• C) voluntary petitions and unchallenged involuntary petitions
• D) voluntary petitions and challenged involuntary petitions
• E) all voluntary and involuntary petitions

---

Definitions:

Wells Serviced

The number of oil, gas, or water wells maintained, repaired, or serviced within a specific timeframe.

Servicing Materials

Raw materials or supplies used in the upkeep or maintenance of equipment or facilities.

Flexible Budget

A budget that adjusts or flexes with changes in volume or activity, helping businesses plan for various levels of performance.

Wells Serviced

This term refers to the number of oil or water wells that have undergone maintenance, repair, or inspection services within a specific period.