In the case of a real estate transfer, if the transferee can prove that he or she had no ________ or ________ knowledge that the debtor-transferor filed for bankruptcy, the transferee may overcome the transfer
Fill in the blank(s) with correct word
actual; constructive
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Phil and Don are playing golf, when Phil offers to sell his house to Don. Don has always liked Phil's house and even told Phil he would be interested in buying it should Phil ever decide to sell. Don accepts Phil's offer to purchase the house for $200,000 . The sale is to take place in two weeks. When the two meet two weeks later, Phil revokes his offer and refuses to convey the property to Don
Most likely: A. Don may enforce the contract through an action for specific performance B. Phil may revoke his offer at any time prior to the date of conveyance C. Don may enforce the contract because all of the elements of a valid contract are present; offer acceptance, consideration, capacity, and legality D. The contract is not enforceable
Vicarious liability is also known as respondeat superior
a. True b. False
At any time after the confirmation of the plan but before the completion of payments under the plan, the debtor, the trustee, or the holder of an allowed unsecured claim may request the court to modify the plan.
Answer the following statement true (T) or false (F)
What is a redacted document?
What will be an ideal response?