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

Author Question: A voidable preference occurs when a debtor, within 2 years of filing for bankruptcy, makes a payment ... (Read 28 times)

nautica902

  • Hero Member
  • *****
  • Posts: 591
on: Aug 3, 2018
A voidable preference occurs when a debtor, within 2 years of filing for bankruptcy, makes a payment or transfers property to one of his or her creditors in repayment of a debt.
 
  Indicate whether the statement is true or false

Question 2

To prove actual fraud, the evidence the trustee presents must persuade the court to find that no reasonable mind could conclude that the transfers were made for no other reason than to ________ the creditors.
 
  A) Benefit
  B) Pay
  C) Defraud
  D) None of these


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

leahchrapun

  • Sr. Member
  • ****
  • Posts: 332
Reply #1 on: Aug 3, 2018
Answer to Question 1

FALSE

Answer to Question 2

C


nautica902

  • Member
  • Posts: 591
Reply 2 on: Aug 3, 2018
Gracias!

cassie_ragen

  • Member
  • Posts: 347
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

A melanistic jaguar is a colour morph which occurs at about 6% frequency in populations. A melanistic jaguar is a colour morph which occurs at about 6% frequency in populations.
Security Tips for Accepting Various Forms of Payment Security Tips for Accepting Various Forms of Payment
The glutamine synthetase reaction occurs via an acyl phosphate intermediate The glutamine synthetase reaction occurs via an acyl phosphate intermediate
Remaining health-adjusted life expectancy (years) at age 25 Remaining health-adjusted life expectancy (years) at age 25
The Cs-131 nuclide has a half-life of 30. years. After 139 years, about 3.0 grams remain. The ... The Cs-131 nuclide has a half-life of 30. years. After 139 years, about 3.0 grams remain. The ...
Video: Methods of carbon dioxide transport - carbaminohemoglobin and bicarbonate ions

For a complete list of videos, visit our video library