For a Fraudulent Transfer to Be Voided,it Must Have Been

question 32

True/False

For a fraudulent transfer to be voided,it must have been made to an insider of the bankruptcy petitioner.

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Definitions:

Economic Position

An individual's or group's status or rank in the economic hierarchy, determined by wealth, occupation, education, and income.

Use Value

The utility of a commodity in satisfying a need or want, distinct from its exchange value or market price.

Physical Attributes

Observable bodily features such as height, strength, and appearance.

Alienating

The process by which individuals become estranged or isolated from their social environment or sense of self.