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Question
Thirty-one days before filing a petition in bankruptcy, Dee transfers propÂerty and makes payments that favor one creditor over another. These area. affirmation agreements.
b. preferences.
c. secured interests.
d. unsecured debts.
Answer
This answer is hidden. It contains 1 characters.
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c. within any six-month period by certain insiders.
d. without being registered.
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If the corporate directors fail to sue in the corporate name to redress a wrong suffered by the corporation, then the shareholders can do nothing.
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The ownership right to stock exists independently of a stock certificate.
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Directors can use corporate funds and confidential information for personal advantage as long as they disclose that they are doing so.
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A corporate officer cannot act as an agent of the corporation.
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A director usually serves on a corporation's board for a life term.
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Generally, an accountant must exercise the degree of care that an ordinarily prudent accountant would exercise.
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A collection agency must include a validation notice whenever it initially contacts a debtor for payment of a debt.
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