Author Question: The trustee may void a transfer to a creditor up to one year pre-petition if the creditor qualifies ... (Read 35 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
The trustee may void a transfer to a creditor up to one year pre-petition if the creditor qualifies as a(n)
 
  A) Enabling loaner
  B) Insider
  C) Trustworthy creditor
  D) Popular creditor

Question 2

The trustee may reverse a(n) ________ if it occurred within 90 days of when the debtor filed for bankruptcy.
 
  A) Fraudulent conveyance
  B) Voidable preference
  C) Involuntary transfer
  D) Voidable transfer



voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Answer to Question 1

B

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

For a complete list of videos, visit our video library