In the event of bankruptcy, the law assigns the rights and duties of the debtor to the trustee in bankruptcy.

Name: In the event of bankruptcy, the law assigns the rights and duties of the debtor to the trustee in bankruptcy.
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Question

In the event of bankruptcy, the law assigns the rights and duties of the debtor to the trustee in bankruptcy. ​

Quizplus · Accepted Answer

In bankruptcy proceedings, a trustee is appointed to manage the debtor's estate, including the rights and duties associated with the debtor's assets, to ensure an orderly and fair distribution to creditors.

In the Event of Bankruptcy, the Law Assigns the Rights