If a fraudulent transfer is made to a bona fide purchaser for value, the transaction can still be reversed for a period of one year.

Name: If a fraudulent transfer is made to a bona fide purchaser for value, the transaction can still be reversed for a period of one year.
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Question

Quizplus · Accepted Answer

A bona fide purchaser for value is typically protected from having the transaction reversed, as they have acquired the property without knowledge of the fraud and have provided value in exchange.

If a Fraudulent Transfer Is Made to a Bona Fide