please answer all .,.,.the question.,.,.,.within 30 minutes. make sure the explanation and reasons are explained in very detailed manner as in why the option is correct and why other options sre incorrect give reasons for the same , Attempt the answer only if your are 100% sure that its correct. else leave it for other tutor otherwise i will give negative ratings and will also report your answer for unprofessionalism. Make sure the answer is 100% correct and is not copied from anywhere. ATTEMPT THE QUESTION ONLY IF YOU ARE 100% CORRECT AND SURE. ELSE LEAVE IT FOR ANOTHER TUTOR. BUT PLEASE DONT PUT WRONG ANSWER ELSE I WILL REPORT.,..,.,.,..,

MAKE SURE THE REASON WHY THE OPTIONS ARE WRONG OR INCORRECT IS THOROUGHLY EXPLAINED, ELSE I WILL REPORT THE ANSWER.

1. In 2012, Kilkenny Brothers, a general partnership, filed for Chapter 11 bankruptcy. Can Kilkenny file for Chapter 7 bankruptcy today? Depends on bankruptcy trustee. Depends on how much are the liabilities. Yes. No. 2. Dan owned a chain of stores and sales plummeted over the course of six months. Cash flow was tight and bankruptcy was becoming a distinct possibility. Dan transferred some assets to an LLC owned by his uncle in exchange for a deferred payment to be made after a potential bankruptcy was discharged. Business rallied and Dan was able to stick it out for another fifteen months. Finally, he had to face the inevitable and his company filed for bankruptcy. The trustee: can recover the assets as a fraudulent transfer. cannot recover the assets because the transfer was not made within a year of the bankruptcy petition. cannot set aside the transfer, as it was more than 90 days before filing bankruptcy. can recover the assets as a voidable preference