A Transfer Made to a Relative 6 Months Before Filing

question 30

True/False

A transfer made to a relative 6 months before filing a bankruptcy petition is most likely a preferential transfer.

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Definitions:

Electron-Transport Chain

A series of electron carriers located in the mitochondrial membrane, involved in the production of ATP through the process of oxidative phosphorylation.

Hydrogen Ions

Positively charged ions (H+) that play essential roles in the chemistry of water, pH balance, and metabolic processes.

Inner Mitochondrial Compartment

The matrix within mitochondria where critical reactions in cellular respiration, including the Krebs cycle, take place.

ATP Production

The biochemical process cells use to convert food into energy in the form of adenosine triphosphate (ATP).