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.

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Definitions:

Lackadaisical Attitude

A disinterested or sluggish attitude, showing little enthusiasm or diligence towards tasks or responsibilities.

Micromanaging Group Members

The practice of excessively controlling or overseeing every small detail of group members' work, often to the detriment of autonomy and motivation.

Riskier Options

Choices or decisions that carry a higher level of uncertainty and potential for negative outcomes, often considered in the context of investments, business strategies, or personal decisions.

Entrepreneurial Style

The unique manner in which an entrepreneur approaches challenges, opportunities, and the management of their business venture.