A Payment by a Debtor in the Ordinary Course of Business

question 51

True/False

A payment by a debtor in the ordinary course of business, such as the payment of a utility bill, will not be set aside by the bankruptcy trustee.

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Definitions:

Store Information

The process of saving or archiving data in a physical or digital format for future use or retrieval.

Critical Listening

Listening to understand and evaluate the meaning of the speaker’s message.

Evaluate Evidence

The process of examining and assessing information to determine its credibility and relevance.

Effective Listening

The active process of hearing, understanding, remembering, evaluating, and responding to spoken messages.