Examlex
Which of the following is true of behavioral change?
Preferential Payment
A payment made to a creditor before a bankruptcy filing that is considered unfair to other creditors.
Transferred Property
Assets or rights that have been legally moved from one owner to another through a sale, gift, or inheritance.
Preexisting Debt
Financial obligations or liabilities that exist before a specified event or transaction, such as taking out a new loan.
Fraudulent Transfer
A transaction where a debtor intentionally transfers assets to avoid creditors' claims.
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