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Within the Context of Canada's Bankruptcy System

Question 24

Multiple Choice

Within the context of Canada's bankruptcy system,


A) the Superintendent of Bankruptcy has wide powers to inspect and investigate bankrupts' estates, regulate and examine the work of trustees in bankruptcy, and intervene in bankruptcy court proceedings across Canada.
B) the Official Receiver gathers in and liquidates the debtors' assets and distributes the proceeds to creditors.
C) a trustee in bankruptcy is appointed, after a debtor has been discharged from bankruptcy, to provide advice and guidance on financial matters.
D) the Registrar in Bankruptcy hears appeals from decisions of the Bankruptcy Court.
E) an Inspector is a deputy judge with the power to and make interim orders in cases of urgency.

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