Karim Manji owns a small electronics business that is starting to lose money because a big box store opens nearby. As a precaution, he transfers title to his home, which is currently in his name, to his wife
A week later, insolvent, he files for bankruptcy. Which of the following is true respecting the transfer of Karim's interest in the house? This is
A) a fraudulent conveyance
B) a fraudulent preference
C) permissible because a spouse has a half interest in matrimonial home.
D) a reviewable transaction
E) permissible because he transferred it before he filed for bankruptcy
A
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