With constructive fraud, the trustee must only show that the transfer resulted in the debtor receiving nothing for the exchange or that the debtor received less than reasonable market value for the transferred asset
Indicate whether the statement is true or false
TRUE
Legal Studies & Paralegal
You might also like to view...
This type of statute holds that the person who records first will have priority of title and is deemed the owner of the property, if that person does not have actual or constructive notice of a prior unrecorded deed:
a. Race-notice statute b. Pure race statute c. Pure-notice statute d. None of the above
Legal Studies & Paralegal
The covenant of quiet enjoyment is a provision in a quit claim deed
A. True B. False
Legal Studies & Paralegal
What was the purpose of the Communications Decency Act of 1996?
What will be an ideal response?
Legal Studies & Paralegal
A common tool used to attack the credibility of a witness is ________
Fill in the blank(s) with correct word
Legal Studies & Paralegal