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If a Person or Corporation Goes Bankrupt the Role of the Trustee

Question 17

Multiple Choice

If a person or corporation goes bankrupt the role of the Trustee in Bankruptcy is to


A) advocate for the creditors owed money
B) advocate for the debtor who owes money
C) decide what is best course of action to achieve a discharge of debts for the debtor
D) administer the property of the bankrupt for the benefit of creditors
E) administer the property of the bankrupt for the benefit of the debtor

Correct Answer:

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