In the 1980s, thrift institutions, which had been almost entirely restricted to making loans for home mortgages only, were allowed by regulators to
A) finance acquisitions in commercial real estate.
B) extend consumer loans.
C) purchase junk bonds.
D) do all of the above.
E) do only A and B of the above.
D
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What is the optimal total cost of the aggregate plan developed to address Scenario 8.2?
A) $27,200 B) $20,960 C) $31,400 D) $26,600
Agnes plans to file for bankruptcy under Chapter 7 . One month prior to filing, Agnes gives Joe's Filling Station $700 to apply to her gas bill. Joe has been so kind to let her charge the gas she needed for her car over the past year. The bankruptcy trustee appointed to the case:
a. can cancel the payment to Joe as a fraudulent transfer. b. cannot cancel the payment to Joe because it is payment for an existing debt. c. cannot cancel the payment to Joe because he is not an insider. d. can cancel the payment to Joe as a voidable preference.