A Transfer of Property by the Debtor to a Creditor

question 53

Multiple Choice

A transfer of property by the debtor to a creditor may be set aside as a __________ transfer and the property recovered by the debtor's trustee in bankruptcy if (1) the transfer was made to pay a debt incurred at some earlier time;(2) the transfer was made when the debtor was insolvent and within ninety (90) days before the filing of the bankruptcy ;and (3) the transfer resulted in the creditor receiving more than the creditor would have received in a liquidation of the debtor's estate.

• A) predetermined
• B) preternatural
• C) preordained
• D) preferential

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Definitions:

Lobe-Finned Fishes

Fish species characterized by fleshy, lobed, paired fins, which are believed to be the ancestors of amphibians and other land vertebrates.

Tetrapods

Vertebrates with four limbs or limb-like appendages, including amphibians, reptiles, birds, and mammals.

Ray-Finned Fishes

A diverse group of fishes known for their fins which are supported by long, bony rods arranged in a ray pattern.

Vertebrate Jaw

A structural feature found in vertebrates that is composed of bony or cartilaginous structures surrounding the mouth, utilized for biting, chewing, and manipulation of food.