Payments in the Ordinary Course of Business Made Within 90

question 20

True/False

Payments in the ordinary course of business made within 90 days prior to a Chapter 11 bankruptcy filing are voidable as a preference.

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Definitions:

Product Testing

The process of evaluating an item's performance, quality, and safety before it is released to the market.

Economic Espionage

The act of unlawfully acquiring confidential information about a country's economic policies, practices, or innovations for competitive advantage.

Competitor's Trash

Discarded or overlooked information from rival businesses that can be analyzed for competitive intelligence or market insights.

Proprietary Information

Confidential business information that provides a company a competitive advantage, such as trade secrets, patents, or proprietary processes.