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Author Question: The debtor's nonexempt property is ________ by the trustee, who sells it and pays the administration ... (Read 75 times)

NClaborn

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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


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djofnc

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Reply #1 on: Aug 2, 2018
Answer to Question 1

D

Answer to Question 2

A


NClaborn

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Reply 2 on: Aug 2, 2018
YES! Correct, THANKS for helping me on my review

TheDev123

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Reply 3 on: Yesterday
:D TYSM

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