A fraudulent preference a.is a fictional loan made by a relative to be able to call that person a creditor in bankruptcy. b.improperly transfers property
A fraudulent preference
a.is a fictional loan made by a relative to be able to call that person a creditor in bankruptcy.
b.improperly transfers property to a friend or relative.
c.is valid as long as the payment is to a legitimate creditor.
d.improperly transfers property for little or no consideration.
e.improperly pays one creditor in favour of another.
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Authors: Denis Keenan
13th Edition
1405824042, 978-1405824040
