Fact Pattern 15-1A Damian Owns a Pick-Up Truck and a Motorcycle.He Sells the Motorcycle.He

question 29

Multiple Choice

Fact Pattern 15-1A
Damian owns a pick-up truck and a motorcycle.He sells the motorcycle to Eden for $10,000.Eden pays for the cycle with a check,knowing that she had insufficient funds in her account to cover the amount.A week later,Damian files a petition in bankruptcy for relief through a liquidation.
-Refer to Fact Pattern 15-1.Regarding the sale of the cycle,the bankruptcy trustee can

• A)cancel it as a fraudulent transfer.
• B)cancel it as a voidable preference.
• C)not cancel it or sue to recover the price because it occurred before Damian filed his petition in bankruptcy.
• D)not cancel it,but can sue Eden to recover the price.

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Definitions:

Mind/Body Problem

A philosophical question concerning the relationship between the mind and body, specifically how mental states, events, and functions relate to physical states.

Inborn Influences

Natural, genetic, or hereditary factors that affect an individual's characteristics, behavior, and abilities from birth.

Nature/Nurture Debate

The ongoing discussion concerning the relative importance of an individual's inherited traits (nature) versus environmental influences (nurture) in determining personality, behavior, and intelligence.

Psychological Studies

Academic and empirical research focused on understanding human behavior and mental processes.