The two most common forms of voidable transfers are preferential transfers to insiders and

On October 1, 2009 CW Oil Drilling Company paid $2,400,000 for a two-year insurance policy that covers all of its drilling equipment around the world. The company recorded the purchase as prepaid insurance. Complete the chart below:

Cash paid Insurance expense Prepaid insurance Year ended Dec. 31, 2009 $ $ $ Year ended Dec. 31, 2010 $ $ $ Year ended Dec. 31, 2011 $ $ $

The project manager must ignore cultural differences when negotiating

a. True b. False Indicate whether the statement is true or false