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Which of the Following Is a Duty Vested in a Trustee

Question 16

Multiple Choice

Which of the following is a duty vested in a trustee by the court,when the debtor is a business and files a Chapter 7 petition?


A) He may be authorized to operate the business for a limited period of time.
B) He may be authorized to make payments made by the debtor within 90 days before the filing of the petition.
C) He may be authorized to sell the debtor's properties and hand over the proceeds of the sales to the debtor.
D) He may be authorized to pay off the debts according to the personal priority list.

Correct Answer:

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