68.Assume that Caleb has filed a petition for bankruptcy under Chapter 7. Caleb owes $2.37 million to assorted creditors. Two months before filing his petition, Caleb sold his beach house to his brother Jonah for $150,000. The house was valued at $699,000. What happens to the house?

a. Jonah keeps the house.

b. The trustee avoids the sale, and the house reverts to Caleb's estate.

c. The house is taken from Jonah and given to the secured creditor with the largest claim on Caleb's estate.

d. The sale of the house to Jonah is a preference.

69.What if, after filing the petition, Caleb transfers his 700 Series BMW to White Plains BMW (the secured creditor of the car), because Caleb is a close friend of the owner of White Plains BMW?

a. This is fine because White Plains BMW is a secured creditor.

b. This is fine because Caleb can deal with secured creditors however he wishes.

c. The transfer may not be avoided.

d. The transfer is a preference that may be avoided.

The above question are related with each other. The answer for the 68. is B. So, Can you please help me to solve Question no. 69?