Which of the following is a characteristic that distinguishes a trustee in bankruptcy from a lawyer and an accountant?

Question

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The legal authority to administer legal proceedings is a characteristic that distinguishes a trustee in bankruptcy from a lawyer and an accountant. While lawyers and accountants may have insolvency expertise and recognize greater return alternatives, they do not have the legal authority to administer legal proceedings, which is a key function of a trustee in bankruptcy. Additionally, trustees do not necessarily have formal professional training as debt counsellors, although they may have some training or experience in this area.

Which of the Following Is a Characteristic That Distinguishes a Trustee