Which of the Following Would Be a Voidable Transfer If

question 15

Multiple Choice

Which of the following would be a voidable transfer if made within 90 days of bankruptcy?

• A) An exchange for new value.
• B) An enabling security interest perfected within 30 days after the debtor receives possession of the property.
• C) A payment made in the ordinary course of business.
• D) A payment made to or for the benefit of a creditor.

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Definitions:

Racial Category

A classification of human beings into groups based on physical, social, or cultural characteristics associated with race, often used for demographic purposes.

Out-Of-Wedlock Birth

The birth of a child to parents who are not legally married to each other at the time of the child's birth.

Kenneth Clark

An African American psychologist whose research on the effects of segregation on black children was instrumental in the Brown vs. Board of Education Supreme Court case.

Inner-City

A term often used to refer to areas in the central part of a major city, known for higher population density, economic challenges, and sometimes cultural vibrancy.