Which of the Following Fits Within One of the Exceptions

question 55

Multiple Choice

Which of the following fits within one of the exceptions to the Bankruptcy Code's preference provision?

• A)A perfected Article 9 security interest.
• B)A transfer to an insider of the debtor.
• C)A transfer made in the ordinary course of the debtor's business.
• D)A consumer's transfer of less than $2,000 to a creditor who has sold her consumer goods.

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Definitions:

Ableism

Discrimination or social prejudice against people with disabilities, valuing able-bodied individuals above those with disabilities.

Asperger's Syndrome

A developmental disorder characterized by significant difficulties in social interaction and nonverbal communication, along with restricted and repetitive patterns of behavior and interests, regarded as a high-functioning form of Autism Spectrum Disorder.

Learning Disabilities

Neurologically-based processing problems that can interfere with learning skills like reading, writing, or math, and can also affect higher-level skills such as organization, time planning, abstract reasoning, long or short term memory, and attention.

Unemployable

Refers to individuals who, due to various reasons such as lack of skills, disabilities, or criminal records, find it significantly difficult to obtain employment.