In an Involuntary Petition, If a Debtor Has 12 or More

question 52

Multiple Choice

In an involuntary petition, if a debtor has 12 or more creditors, the petition must be signed by a minimum of ________.

• A)3
• B)4
• C)5
• D)6

---

Definitions:

NAALC

The North American Agreement on Labor Cooperation, an agreement aimed at improving labor standards and working conditions in Canada, Mexico, and the United States.

Labor Principles

Fundamental guidelines or standards governing fair and ethical treatment of workers, including rights to organize, fair wages, and safe working conditions.

World Trade Organization

An international organization that regulates international trade, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

International Labor Organization

A United Nations agency that sets international labor standards and promotes rights at work.