In the Context of Bankruptcy Law, 'Voidable Transactions' Include

question 17

Multiple Choice

In the context of bankruptcy law, 'voidable transactions' include:

• A)Transfers to non-related entities in the two years prior to bankruptcy.
• B)All transfers of property made in the five years prior to the bankruptcy if the bankrupt was insolvent at the time.
• C)Transfers of property made to relatives or friends for consideration less than market value within the four years prior to bankruptcy.
• D)Transfers of property that were made when the bankrupt was solvent that have the effect of giving a creditor an unfair preference.

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Definitions:

Deferred Annuity

A financial product that offers a stream of payments to the holder, typically starting at a future date, after an initial investment period.

Active Portfolio

In the context of the Treynor-Black model, the portfolio formed by mixing analyzed stocks of perceived nonzero alpha values. This portfolio is ultimately mixed with the passive market-index portfolio.

Nonsystematic Variance

The portion of an investment's variance that is attributable to the investment's specific factors, as opposed to the overall market movement.

Market Index

A market index is a hypothetical portfolio of investment holdings which represents a segment of the financial market.