Joel's CD-making business is looking shaky in March,and in October he transfers the title to his house to his wife for $1.Immediately thereafter,he files for bankruptcy.The transfer to his wife could be challenged by creditors as
A) a stay of proceedings.
B) a discharge.
C) a preference,provided that Joel's wife owes him money.
D) a transfer to a relative.
E) a preference even if Joel's wife does not owe him money.
Correct Answer:
Verified
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