In this task, you will be shown a prompt from a judicial decision and multiple holding statements derived from citations following text in a legal decision.  Holdings represent the governing legal rule when the law is applied to a particular set of facts. There are five answer choices for each citing text. The correct answer is the holding statement that corresponds to the citing text. The four incorrect answers are other holding statements. You should find the correct option. There is a <HOLDING> token in the position of the citing text prompt where the holding statement was extracted.
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Question: requirements under UFTA, Gulf and Security nevertheless contend that as a matter of law and of public policy the statute of limitations should not have commenced in this action until they obtained the default judgment against Clark in August of 1997 in California. ¶24 As far as the law is concerned, Gulf and Security vigorously argue under the mistaken assumption that a creditor may not assert an UFTA claim until after the underlying judgment is entered. This persistent assumption represents a fundamental misunderstanding of the law under UFTA. ¶25 Gulf and Security base their theory on our decision in Murphy v. Atkinson (1993), 262 Mont. 164, 864 P.2d 273, as well as a recent appellate court decision from California, Cortez v. Vogt (Cal.Ct.App. 1997), 60 Cal.Rptr.2d 841, 853-54 (<HOLDING>). In Murphy, we determined that a cause of 
 Holding statements: (A) holding that the twoyear time limitation of rule 3850 does not commence until the sentence becomes final (B) holding that statements and charges by municipality may not be amended in light of legislative purpose of shielding police and similar employees from harassment (C) holding that in view of legislative statements of policy and purpose of the ufta as a cumulative and additional remedy limitation period did not commence until debtorcreditor relationship existed after judgment was made final (D) holding that a district court judgment is not a final judgment appealable by the defendant unless it includes the final adjudication and the final sentence (E) holding that statements made in the course of negotiation were not contracts and such statements were merged into the final written agreement

Answer: (C)


Question: of a portion of their property to Greenheart constituted a transaction for a commercial purpose is supported by the evidence. The Browns owned 320 acres that they used for ranching and farming — operations on which the Browns relied to derive income. The Browns also acquired water rights for a portion of their land which they leased out and eventually sold. The Brown Property had a portion that lacked water rights and it was this portion — without any improvements — that the Browns sold. Although the Brown Property did include their residence, the portion sold to Greenheart did not include the residence, and the existence of a residence on the property does not automatically disqualify a land conveyance from being a commercial transaction. See Watson, 144 Idaho at 219, 159 P.3d at 856 (<HOLDING>); Herrick v. Leuzinger, 127 Idaho 293, 306, 900 
 Holding statements: (A) holding where exempt organization was in possession of real property under land contract obligating organization to pay the purchase price and use land for exempt purpose the association was the owner of the land within the meaning of the statute (B) holding that a previous decision assuming a malpractice action was a commercial transaction for the purpose of awarding attorney fees was not binding because the court in that case was not asked  to decide whether a malpractice action involving a commercial transaction falls within the parameters of the statute (C) holding chapter 13 plan funded by sale of property was not feasible where the debtor had not stated the time period or terms of the sale and no provision was made for failure to sell the property (D) holding sale of property was commercial transaction where the land was for both a family retreat and for logging (E) holding lease of property was a commercial transaction where the property was for commercial ranching but a residence was maintained on the property

Answer: (D)


Question: and services bearing counterfeit marks) ... section 2314 and 2315 (relating to interstate transportation of stolen property) ... (D) any offense involving fraud connected with a case under title 11 ... 18 U.S.C. § 1961(1). The Amended Complaint alleges two or more related instances of mail fraud, wire fraud, trafficking in counterfeit goods, money laundering, interstate transportation of converted goods, tax fraud and bankruptcy fraud. Amended Complaint, ¶¶ 249-256. Before determining if the Amended Complaint implicates Ravinder Chawla, the Court will first review the pleading standard applicable to each predicate act. Pleading Standards for Predicate Acts Where, as here, Plaintiffs rely, inter alia, on a series of fraud-based predicate acts (mail, wire, and bankrupt (N.D.Ill.1996) (<HOLDING>). Having determined what the Amended Complaint 
 Holding statements: (A) recognizing that the federal pleading standard is a less stringent standard than the delaware pleading standard (B) holding that transmission of photographs by means of the internet  constitutes transportation in interstate commerce (C) holding that the defendant could be prosecuted for transporting stolen motor vehicles in interstate commerce under either 18 usc  2314 which prohibits interstate transportation of stolen goods or 18 usc  2312 which specifically prohibits interstate transportation of stolen motor vehicles and airplanes (D) holding that the government need not prove that interstate transport was foreseeable in order to obtain a conviction under 18 usc  2314 which prohibits the interstate transportation of stolen goods (E) holding that crime of interstate transportation of anothers property subject to notice pleading standard

Answer:
(E)