When May a Trustee Not Avoid a Transfer

question 29

Multiple Choice

When may a trustee not avoid a transfer?

• A)When such payment is of a debt incurred in the ordinary course of business or financial affairs of the debtor and the transferee
• B)When such payment is not made in the ordinary course of business or financial affairs of the debtor and transferee
• C)When the transfer is made according to extraordinary business terms
• D)When the transfer is made for new value.

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Definitions:

Conclusions

The judgments or decisions reached after considering all the relevant facts and evidence.

Scientific Method

A systematic approach to research where a problem is identified, relevant data is gathered, a hypothesis is formulated from these data, and the hypothesis is empirically tested.

Confirmation Biases

A cognitive bias that involves favoring information that confirms pre-existing beliefs or hypotheses.

Dependent Variable

The variable in an experiment that is expected to change in response to manipulations of the independent variable.