A Gradual,long-Term Up or Down Movement of Demand Over Time

question 16

True/False

A gradual,long-term up or down movement of demand over time is referred to as a trend.

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Definitions:

Preferential Payment

A payment made by an insolvent debtor that gives preferential treatment to one creditor over another.

Insolvent Debtor

A debtor who cannot pay debts in a timely fashion.

Creditor Treatment

The manner in which creditors are dealt with by a debtor, especially in contexts of bankruptcy or insolvency, including priorities of payment and rights.

Federal Bankruptcy Judge

A judicial officer of the United States district court appointed to oversee and decide matters pertaining to bankruptcy cases.