Which of the following actions is NOT prohibited for a trustee or other official overseeing bankruptcy proceedings?

Question

Quizplus · Accepted Answer

Refusing to sell assets in the person's charge is not inherently prohibited for a trustee or other official in bankruptcy proceedings. Trustees have discretion regarding the timing and manner of asset sales based on what is in the best interest of the estate and its creditors. In contrast, actions such as refusing to permit inspection of documents, and purchasing property of the debtor's estate (either directly or indirectly), are generally prohibited to avoid conflicts of interest and ensure transparency and fairness in the bankruptcy process.

Which of the Following Actions Is NOT Prohibited for a Trustee