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The Best Description of a Fraudulent Transfer in a Bankruptcy

Question 42

Multiple Choice

The best description of a fraudulent transfer in a bankruptcy setting is:


A) A transfer of assets made with the intent of placing them outside the reach of a bankruptcy court
B) A transfer of cash in exchange for supplies or other business assets
C) A transfer of assets made to another institution before a bankruptcy is filed
D) A transfer to a fund or other account to hold assets for a period of time

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