Which of the Following Statements Is TRUE with Respect to the Relationship

Which of the following statements is TRUE with respect to the relationship between bankruptcy and insolvency?

A) A person can be bankrupt without being insolvent.
B) An act of insolvency automatically triggers bankruptcy.
C) Before a person can be put into bankruptcy involuntarily, a court must find that they have committed an act of bankruptcy, which includes being insolvent.
D) While an individual can be either bankrupt or insolvent, a corporation can be bankrupt but never insolvent.
E) Bankruptcy begins with a bankruptcy order, whereas insolvency begins with a receiving order.