Fact Pattern 30-1A
Eve sells her motorcycle to her brother Floyd for $1,000. Twelve days later, Eve files for bankruptcy under Chapter 7.
-Refer to Fact Pattern 30-1A. Floyd dies while riding the cycle. Eve is Floyd's only heir. With respect to the bankruptcy estate, the inheritance is
A) exempt property.
B) part of the estate if Floyd died more than 180 days after Eve's filing.
C) part of the estate if Floyd died within 180 days after Eve's filing.
D) part of the estate if the accident was in some way Eve's fault.
Correct Answer:
Verified
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