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Matt Is Planning to File for Bankruptcy

Question 25

Multiple Choice

Matt is planning to file for bankruptcy.He wants to keep some of his property,so he gives certain jewelry to his parents,with the understanding that they will return it later.Matt also sells his car,worth $5,000,to his girlfriend for $100.These transfers are:


A) preferential transfers.
B) voidable preferences.
C) fraudulent transfers.
D) legitimate distributions of assets.
E) void preferences.

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