Manuel was deeply in debt. Manuel decided to sell his $20,000 car to his cousin for $4,000 and then 9 months later Manuel declared bankruptcy. The court would
A) rule Manual legally had the right to sell his car to his cousin at that time
B) rule Manuel has made a fraudulent preference
C) rule Manuel has committed a deceptive practice
D) order the car be taken back from his cousin and order criminal penalties against Manuel
E) both C and D
E
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Which of the following is the best example in which to apply causal research?
A) the Andrew Jergens Company periodically conducting surveys to measure consumer's perceptions, attitudes and use of soap bars and related personal care products B) to determine the relationship between sales promotion and advertising expenditures and sales of Mercedes C) to gain insights on why Nokia is losing market share in Asia D) to understand how consumers evaluate the Home Depot brand compared to competing brands E) one-on-one depth interviews matching respondents and interviewers by gender
Section 2-________ of the Uniform Commercial Code deals with electronic communication of an acceptance by an offeree
A) 213 B) 207 C) 202 D) 201
The degree to which the managers of a firm attempt to magnify the returns to owners' capital through the use of financial leverage is captured in debt management ratios.
Answer the following statement true (T) or false (F)
When a corporation earns profits, it must pass them on to shareholders in the form of dividends
Indicate whether the statement is true or false