In the Context of Bankruptcy Laws, an 'Unfair Preference' Is

question 34

Multiple Choice

In the context of bankruptcy laws, an 'unfair preference' is:

• A)the payment by a debtor of amounts owed to one creditor at the expense of the other creditors.
• B)a payment of money by the bankrupt to a person with a close connection to the bankrupt individual (e.g.a partner, spouse or child) in the four years prior to bankruptcy.
• C)any voidable transaction.
• D)a transfer of property or payment to a related entity in the four years prior to bankruptcy.

Understand the consequences and sanctions of spoliation of electronic evidence.

Comprehend the definitions and implications of legal judgments and default judgments.

Recognize the role and implications of affirmative defenses in litigation.

Appreciate the significance and potential of electronic discovery in revealing case facts.

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Definitions:

IQ Tests

IQ Tests are standardized assessments designed to measure human intelligence and cognitive abilities in relation to others.

Flynn Effect

The observed substantial and long-term increase in intelligence test scores measured across the world over the 20th century.

Raw IQ Scores

A measurement of an individual's cognitive abilities without adjustments for age or any other factors.

Flynn Effect

The observed substantial and long-term increase in both fluid and crystallized intelligence test scores measured in various parts of the world over the 20th century.