Author Question: The debtor's nonexempt property is ________ by the trustee, who sells it and pays the administration ... (Read 73 times)

NClaborn · **on:** Aug 2, 2018

The debtor's nonexempt property is ________ by the trustee, who sells it and pays the administration expenses associated with the bankruptcy case.

A) Transferred
B) Given away
C) Donated to charity
D) Liquidated
E) None of these

Question 2

________ involves (1 ) making a transfer within one year before the date of the filing of a bankruptcy petition (2 ) with intent to hinder or defraud a creditor.

A) Actual fraud
B) Petty fraud
C) Fraud in the inducement
D) Constructive fraud
E) None of these