Debtor files for bankruptcy on December 1, 2020. The bankruptcy trustee will find the following things. Tell me if each of these are examples of a preferential treatment or not, and explain why
Debtor and First Bank entered into a loan agreement on February 1, 2020. The loan was for $100,000 at 5% interest. This was an unsecured loan. The loan was to be paid back on August 1, 2020 in full (102500). The debtor did not repay on August 1st but did send a partial payment of $25,000 to First Bank on September 30, 2020.
Same as above except the loan was to be paid back in one year with monthly payments of $8250. The debtor made payment every month starting with March 1st and ending on December 1st.
Creditor financed the purchase of inventory for the debtor in the amount of $50,000. There was a proper security agreement and financing statement. The inventory was delivered to the debtor on July 31, 2020. The financing statement was file in the proper place on September 15, 2020.
Creditor financed the purchase of a piece of equipment for the debtor in the amount of $100,000 on August 15, 2020. All of the proper documents were created. The equipment was delivered to the debtor on August 29, 2020. The creditor filed the financing statement at the
Exercise 1 (40 points) Kitchen Gadgets sells a line of high-quality kitchen utensils and gadgets. When customers place orders on the company's Web site or through electronic data interchange (EDI), the system checks to see if the items are in stock, issues a status message to the customer, and generates a shipping order to the warehouse, which fills the order. When the order is shipped, the customer is billed. The system also produces various reports. The context diagram is shown below: IN-STOCK ORDER REQUEST CUSTOMER WAREHOUSE PAYMENT SHIPPING ORDER STATUS MESSAGE ORDER SYSTEM SHIPPING CONFIRMATION INVOICE INVENTORY REPORTS ACCOUNTING DEPARTMENTa. For the volume element shown in the figure, write down mole balances for A, Cand D. Simplify to obtain dF A/dV, dFc/dV, dFoldV in terms of / and /24 b. Write down total heat balance for the volume element. Assume the heat capacities of A, Cand D as the same, Ca Simplify to obtain dT/dV in terms of FA, Fo Fo fix and 24Question 1 (12 Marks) Create the context Diagram and level 1 DFD Ikea Company sells a line of high-quality product. When customers place orders on the company's Web site, the system checks to see if the items are in stock, issues a status message to the customer, and generates a shipping order to the warehouse, which send the shipping information to the manage receivable account module. The check status sends order data to the pending order file. The generate shipping order obtains the order data from pending order file and send the shipping order to the Warehouse. When the order is shipped, the customer is billed. A manage receivable account sends the bill to the customer. The customer sends the payment to manage receivable account module. The account receivable file is updated with accounting data. The system also produces various reports, such as inventory reports for Accounting.System analysis and design CS 240 Take Home Exam (6 Marks) Read the system carefully Pharmacy Information System The customer can buy a drug, take it back, or inquire about its price The pharmacist can add medicines to the system, delete them, and adjust their price. The manager can create reports and add pharmacists to the system The system can print an invoice for the customer for what he bought from the pharmacy if the customer wanted to do so. Questions: 1. Draw a Context Diagram for this system( 2 Marks) 2. Draw Level 0 DFD for this system (2 marks) 3. Draw Use Case for this system (2 marks)