Section 548 of the Bankruptcy Code defines as fraudulent certain transfers made, or obligations incurred, within what specified time period?

Question

Quizplus · Accepted Answer

Section 548 of the Bankruptcy Code defines as fraudulent certain transfers made, or obligations incurred, within a 2-year period prior to the filing of the bankruptcy petition. However, none of the options directly match this correct period, and the closest provided option is 12 months (A), which is commonly mistaken but not accurate according to the current law.

Section 548 of the Bankruptcy Code Defines as Fraudulent Certain