If There Are Twelve (12) or More Creditors, at Least

question 21

Multiple Choice

If there are twelve (12) or more creditors, at least __________ of those creditors whose unsecured and undisputed claims total __________ or more must sign the involuntary petition.

• A) one (1); $14,425
• B) three (3); $15,325
• C) one (1); $15,575
• D) three (3); $15,575

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Definitions:

Expected Value

A measure in probability and statistics indicating the average outcome of a random event, calculated as the weighted average of all possible values.

Null Hypothesis

A statement or idea that suggests there is no statistical significance or effect between certain observed phenomena or variables.

Wilcoxon Rank Sum Test

A nonparametric statistical test that compares two independent samples to assess whether their populations have the same distribution.

Height Centimeters

A measurement of how tall a person or object is, specified in centimeters.