A Trustee Can Void Any Transfer That Meets All of the Following

question 29

Multiple Choice

A trustee can void any transfer that meets all of the following requirements EXCEPT

• A)if the transfer was to a creditor of the debtor.
• B)if the pre-petition payment made in the ordinary course.
• C)if the transfer was used to pay an existing debt.
• D)if the debtor's liabilities exceeded assets at the time of the transfer.

---

Definitions:

Direct Materials Cost

The cost of raw materials that can be directly attributed to the production of goods.

Activity-Based Costing

A costing methodology that assigns overhead and indirect costs to specific products or projects based on their consumption of resources.

Direct Labor-Hours

The total hours worked directly on manufacturing a product or providing a service.

Direct Materials Cost

The cost of raw materials that can be directly attributed to the production of specific goods or services.