None of the Following Transfers May Be Set Aside as Preferences

question 15

Multiple Choice

None of the following transfers may be set aside as preferences by the bankruptcy trustee except for: ______.

• A) transactions for present consideration
• B) payments in the debtor's ordinary course of business
• C) payments of a debtor's utility bill
• D) payments to a debtor's relative

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Definitions:

Hypothesis

An assumption or proposed explanation made on the basis of limited evidence as a starting point for further investigation.

Ferris State University

A public university located in Big Rapids, Michigan, known for its comprehensive educational programs.

Chi-Square Distributions

A statistical distribution that is used to assess how likely it is that an observed distribution is due to chance, especially useful for categorical data.

Skewed to the Right

A distribution where the tail on the right side of the histogram is longer or fatter than the left side.