Which of the Following Would Not Be a Voidable Transfer

question 88

Multiple Choice

Which of the following would not be a voidable transfer if made within 90 days of bankruptcy?

• A) An exchange for new value.
• B) A consumer's transfer of property valued at $500.
• C) A payment made in the ordinary course of business.
• D) None of the above are voidable transfers.

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Definitions:

Efficient

The characteristic of maximizing output or effectiveness with the least waste of time, resources, or effort.

Opportunities

Chances or circumstances that allow for growth, development, or success in various areas such as business, personal life, or education.

Marginally Optimal

Describes an economic decision where the marginal benefit from the last unit of good or service consumed or produced is equal to its marginal cost.

Equilibrium

A state in a market where demand equals supply, and the market clears at a certain price and quantity, leading to no incentive for change.