Before filing a Chapter 7 bankruptcy petition, Tricia sells her diamond watch to Dale Kehoe BMW, whom she owes for the purchase
of a used car because Tricia and Dale are close friends and neighbors. The transfer: a. is a fraudulent transfer.
b. is fine because Dale Kehoe BMW is a secured creditor.
c. is a preference that can be avoided.
d. is fine because the diamond watch was exempt property.
When Tricia sells her diamond watch to Dale Kehoe BMW than it is called an “avoidable preference” which means the transfer of payment processed by debtor to a creditor, this is decided by bankruptcy trustee for reimbursement of assets creditors and recover benefit of bankruptcy property.
This is performed for impartially distribution of debtor’s assets to the creditors through proper scheme. In this case, the procedure Tricia opted may benefit Kehoe more than other but through bankruptcy proceeding the trustee would have involved the watch with rest of the property of Tricia and initiated uniform distribution.
4. Many different political ideologies were represented in the Reichstag
Explanation:
The statement about the Weimar Republic before November 1933 that is best supported by the chart is "Many different political ideologies were represented in the Reichstag"
It is the idea that the illness will be cured of the moment you don't think about it, and focus your mind and body on a humanistic treatment, where you try to fulfill other elements that will guide you to the cure.
