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:

Price Level

The average of current prices across the entire spectrum of goods and services produced in the economy, often used in economic analysis and policy-making.

Expansionary Gap

A situation where the actual output of an economy exceeds its potential output, often leading to inflationary pressures.

Recessionary Gap

The situation where an economy's real GDP is less than its potential GDP, leading to underutilization of resources and unemployment.

Short-Run Output

The production level of goods and services in the short term, often under fixed conditions or capacities.