Question: The payment to Olsen was a. Preferential, because the payment was made within ninety days of the filing of the petition. b. Preferential, because the
The payment to Olsen was
a. Preferential, because the payment was made within ninety days of the filing of the petition.
b. Preferential, because the payment enabled Olsen to receive more than the other general creditors.
c. Not preferential, because Hall is presumed insolvent when the payment was made.
d. Not preferential, because the payment was a contemporaneous exchange for new value.
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