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

question 1

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 was 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.

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Definitions:

Play-oriented

An approach or attitude focusing on play and enjoyment, often in the context of learning or creative activities.

Group-centred

Focused on or revolving around the interests and needs of the group as a whole.

Laissez-faire

A policy or attitude of letting things take their own course, without interfering, often referred to in economics to describe a free-market system with minimal government intervention.

Coercion

The practice of compelling someone to act in an involuntary manner by use of threats or force.