Anyone please help? TIA.

Read and analer the following situations. Encircle the letter of the correct answer. {5 item: 1 points} 5. Juan has total assets wt ['me and total liabilities amounting to Panama. However, most of his assets are in the form of xed assets that mnnot be easily sold while maiority of his liabilities will mature within one [1} month. What legal remedy under Financial Rehabilitation and Insolvency Act {FltlA} shall be availed by Juan? a. Petition for declaration of suspension of payments b. Petition for voluntary liquidation of insolvent individual debtor c. Petition for rehabilitation a. Petition for involuntary liquidation Antonio has total assets worth Pimena and total liabilities of P3500300. What legal remedy under FltIA shal be availed by Antonio to be discharged from his liabilities? a. Petition for declaration of suspension of payments b. Petition for voluntary liquidation of insolvent individual debtor c. Petition for rehabilitation d. Petition for involuntary liquidation Manuel has total assets of memo and total liabilities amounting to Psoomo. If you are a creditor of Manuel, what legal remedy will you le under Fltln if he is exhibiting acts of insolvency? a. Petition for declaration of suspension of payments b. Petition for voluntary liquidation of insolvent individual debtor 1*. Petition for rehabilitation d. Petition for involuntary liquidation Art led a petition for suspension of payments in court. During the pendency of the proceedings, a writ of execution was issued by another court in favor of Cathy, an unsecured creditor, against Art. Marie, a creditor-mortgagee, also initiated the foreclosure of the mortgaged property of Art. Which of the following statements relative to Suspension of Payments under the FRIA is correct? a. Both the execution of favor of Cathy and the foreclosure on the mortgage in favor of Marie shall be suspended. b. Both the execution in favor of Cathy and the foreclosure on the mortgage in favor of Marie shall proceed. c. The exemtion in favor of Cathy shall proceed, but the foreclosure on the mortgage in favor of Marie shall be suspended. d. The execution in favor of Cathy shall be suspended but the foreclosure on the mortgage in favor of Marie shall proceed. In the involuntary liquidation under FFHA, what is the aregate amount of claims that the initiating creditors must have against the debtor? a. At least FEM,\" or at least 5996 of the subscribed capital stock or partriers' contributions, whichever is lower it. At least FEM,\" or at least 5996 of the subscribed capital stock or partners' contributions, whichever is higher c. At least PIN,\" or at least 2595 of the subsuibed capital stud: or partners' contributions, whichever is lower d. At least PIN,\" or at least 2596 of the subscribed capital stud: or partners' contributions, whichever is hiher