Multiple Choice
Fact Pattern 30-1A (Questions A8-A9 apply)
Stacy sells her all-terrain vehicle (ATV) to her brother Terrill for $1,000.Twelve days later,Stacy files a petition in bankruptcy for relief through a liquidation.
-Refer to Fact Pattern 30-1A.Terrill dies while riding the ATV.Stacy is Terrill's only heir.With respect to the bankruptcy estate,the inheritance is
A) exempt property.
B) part of the estate if Terrill died more than 180 days after Stacy's filing.
C) part of the estate if Terrill died within 180 days after Stacy's filing.
D) part of the estate if the accident was in some way Stacy's fault.
Correct Answer:

Verified
Correct Answer:
Verified
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