A trustee does NOT have the power to avoid preferences.

Name: A trustee does NOT have the power to avoid preferences.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A trustee has the power to avoid preferences under certain conditions outlined in the Bankruptcy Code, such as if the transfer was made within 90 days before the bankruptcy filing and if the transfer was made to an insider or creditor for a pre-existing debt. Therefore, the statement is false.

A Trustee Does NOT Have the Power to Avoid Preferences