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.

---

Definitions:

Independent Events

Two or more events that do not affect the outcome of each other in a statistical experiment.

Balanced Die

A die engineered to ensure that each face has an equal probability of landing up when thrown.

Simple Event

An event that consists of a single outcome in the sample space of a probability experiment.

Conditional Probability

The probability of an event occurring given that another event has already occurred.