This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The purpose of the Bankruptcy Code's power to void preferences does not stem from an intention to ... (Read 74 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
on: Aug 2, 2018
The purpose of the Bankruptcy Code's power to void preferences does not stem from an intention to ________ any single creditor or the debtor.
 
  A) Punish
  B) Favor
  C) Ostracize
  D) None of these

Question 2

A transfer of assets to a third party for the purpose of preventing creditors from satisfying their claims is called a(n)
 
  A) Fraudulent conveyance
  B) Voidable preference or voidable transfer
  C) Involuntary transfer
  D) Contemporaneous exchange


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

covalentbond

  • Sr. Member
  • ****
  • Posts: 336
Reply #1 on: Aug 2, 2018
Answer to Question 1

A

Answer to Question 2

A


sc00by25

  • Hero Member
  • *****
  • Posts: 596
Reply #2 on: Aug 2, 2018
Both answers were spot on, thank you once again


covalentbond

  • Sr. Member
  • ****
  • Posts: 336
Reply #3 on: Aug 2, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

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 most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Diagram of a typical fossil-fueled power plant Diagram of a typical fossil-fueled power plant
Stem cells, undecided Stem cells, undecided
There is an inherent power differential between massage therapists and their clients. There is an inherent power differential between massage therapists and their clients.
Use the power rule to find derivative Use the power rule to find derivative
Differentiate each function with respect to x. (Power rule) Differentiate each function with respect to x. (Power rule)
During a period of high power demand, the voltage output of the power company is reduced by ... During a period of high power demand, the voltage output of the power company is reduced by ...
Video: TRH/TSH/Thyroid hormone

For a complete list of videos, visit our video library