Milo's Pedantry Inc Is in Bankruptcy

Milo's Pedantry Inc is in bankruptcy. The owner of the company wants to better understand the process of bankruptcy. He therefore has asked you to identify and briefly explain the various people involved in the process. Which of the following statements is TRUE?

A) The inspectors are appointed by the debtor for the purpose of verifying the creditors' claims.
B) The registrar is appointed by the federal cabinet to inspect and investigate bankrupt's estates.
C) The superintendent is the person who supervises, in a hands- on manner, the administration of the bankruptcy proceedings.
D) The trustee will acquire legal title to the company's assets and, after assessing the various claims against the debtor, liquidate the assets and distribute the proceeds accordingly.
E) All of the above.