Assuming the Business Partner Received More Than Would Have Been

Assuming the business partner received more than would have been received through bankruptcy proceedings,which of the following is the most likely result of a claim of preferential payment based on the payment to the business partner?

A) The payment was preferential because it was made to a business partner and made within one year of the filing of the bankruptcy petition unless Jasleen can establish that she was not insolvent when the payment was made.
B) The payment was preferential on the basis that it was made to a business partner within one year of the filing of the bankruptcy petition only if the trustee is able to demonstrate that Jasleen was insolvent when she made the payment.
C) The payment was not preferential because it was made over 90 days before the filing of the bankruptcy petition.
D) The payment was not preferential because it was made over 180 days before the filing of the bankruptcy petition.
E) The payment was not preferential because it was made over 120 days before the filing of the bankruptcy petition.