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Which of the Following Would Not Be Considered a Fraudulent

Question 27

Multiple Choice

Which of the following would not be considered a fraudulent conveyance or a voidable preference under the provisions of the Code? Immediately prior to filing bankruptcy:


A) debtor sells assets well below fair market price to Freddie, a friend.
B) debtor sells his car at a public auction, thinking that it would bring a decent price, but the car brings an amount well below fair market value.
C) debtor's corporation transfers assets to stockholders in lieu of cash dividends.
D) debtor pays $650 to "Nation on Line" for the past ten months of Internet service.

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