Section 548 of the Bankruptcy Code defines as fraudulent certain transfers made,or obligations incurred,within a specified time period.That time period is ____ month(s).

Question

Quizplus · Accepted Answer

Section 548 of the Bankruptcy Code defines fraudulent transfers or obligations incurred within 2 years (24 months) before the filing of a bankruptcy petition. However, the question asks for the time period in months, which is 12 months.

Section 548 of the Bankruptcy Code Defines as Fraudulent Certain