Which One of These Statements Correctly Identifies a Condition Which

Which one of these statements correctly identifies a condition which must be met for creditors to force a firm into involuntary bankruptcy?

A) The creditors that represent 30 percent or more of the firm's debt must agree on a plan prior to filing the involuntary petition.
B) The firm must be at least 120 days delinquent in its debt payments.
C) At least one-third of a firm's known creditors must participate in the filing.
D) If there are more than a dozen creditors,then at least three with claims totaling $13,475 or more must participate in the filing.
E) Any individual creditor that is owed $5,000 or more can file an involuntary petition regardless of the number of total creditors.

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