On November 1, 2007, Tiger Store buys inventory from T-Shirts Plus. That same day, Tiger Store writes a check for the inventory in the amount of $20,000. Due to some delays beyond the control of Tiger Store, the check took a little longer than usual to clear the bank, but it cleared the bank and was paid on November 15, 2007.

On December 1, 2007, Tiger Store files for bankruptcy. Can the trustee avoid the $20,000 payment to T-Shirts Plus?

1) Yes, under both the strong-arm clause and as a preferential transfer.

2) Yes, but only under the strong-arm clause.

3) Yes, but only as a preferential transfer.

4) No.