Solved

In Bankruptcy Proceedings, A(n) _______Is the Debtor's Favoring of One

Question 74

Multiple Choice

In bankruptcy proceedings, a(n) _______is the debtor's favoring of one creditor over others by making payments or transferring property to that creditor at the expense of the rights of other creditors. Such payments may be recovered by the bankruptcy trustee.


A) unauthorized payment
B) preference
C) preexisting payment
D) priority

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents