Thirty-one days before filing a petition in bankruptcy,Dee transfers prop-erty and makes payments that favor one creditor over another.These are

Question

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Preferences are payments or transfers made by a debtor to a creditor within 90 days before filing for bankruptcy that give that creditor an advantage over other creditors. In this case, Dee made payments and transferred property to benefit one creditor over others, which qualifies as a preference. The other options (A, C, and D) are not applicable to the scenario described.

Thirty-One Days Before Filing a Petition in Bankruptcy,Dee Transfers Prop-Erty