To void a transfer or an obligation, the count must find that (1) the transfert was made or the colgation was incumed by the debtor with the actual intent to hinder, anlay, or callinud a creditorer (2) the detto A had a state exemption B. had a homestead exemption OG relved more than a reasonable equivalent in value OD, received the exact value OE recoved less than a reasonable equivalent in value Which of the following is an INCORRECT statement regarding the bankruptcy trustee? OA. A bankruptcy trustee cannot be appointed in a Chapter 7 bankruptcy case. OB. A bankruptcy trustee must be appointed in a Chapter 13 bankruptcy case. OC. A bankruptcy may be appointed in a Chapter 11 case on a showing of fraud, dishonesty, incompetence, or gross m OD. Once appointed, a bankruptcy trustee becomes the legal representative of the debtor's estate. O E. A bankruptcy trustee must be appointed in a Chapter 12 bankruptcy case. Upon the fling of a voluntary or an involuntary petition, all EXCEPT Which of the following creditor actions are stayed? A. filing a proof of claim B, obtaining, perfecting, or enforcing liens against the property of the debtor C non-judicial collection efforts, such as self-help activities D. Instituting or maintaining legal actions to collect prepetition debts O E. enforcing judgments obtained against the debtor Audit committees O A. receive reasonable compensation for their services B. may not appoint the auditors for the company c. must have at least one member who is a financial expert D. may not be outside directors E. are composed of internal and independent board members