When may a trustee not avoid a transfer?
A) When such payment is of a debt incurred in the ordinary course of business or financial affairs of the debtor and the transferee
B) When such payment is not made in the ordinary course of business or financial affairs of the debtor and transferee
C) When the transfer is made according to extraordinary business terms
D) When the transfer is made for new value.
A
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Beckman Enterprises purchased a depreciable asset on October 1, Year 1 at a cost of $100,000. The asset is expected to have a salvage value of $20,000 at the end of its five-year useful life. If the asset is depreciated on the double-declining-balance method, the asset's book value on December 31, Year 2 will be:
A. $36,000 B. $90,000 C. $54,000 D. $42,000 E. $16,000
The functions of the Social Security Administration, like those of other adminis-trative agencies, include
a. adjudication. b. declaration. c. enunciation. d. pronunciation.
Which of the following statements about entrepreneurial marketing is not true?
a. In entrepreneurial marketing, customers actively define the product. b. In entrepreneurial marketing, actions are constrained by resources currently controlled. c. In entrepreneurial marketing, marketers seek sustainable advantage through value-creating innovation. d. In terms of risk perspective, entrepreneurial marketers seek ways to mitigate, stage, or share risks.
The results of a mediation are not binding on either party
Indicate whether the statement is true or false