Which of the Following Is Not a Duty of the Trustee

question 1

Multiple Choice

Which of the following is not a duty of the trustee in a bankruptcy case?

• A) investigate the debtor's financial affairs
• B) employ disinterested professionals such as attorneys and accountants to assist in the administration of the estate
• C) provide financial advice to the debtor
• D) bring lawsuits on behalf of the bankruptcy estate
• E) distribute the proceeds of the bankruptcy estate

Recognize the role of oral contracts and circumstances under which they are enforceable.

Identify the essential terms that must be included in a contract to make it enforceable.

Understand the concept of parol evidence and its limitations in adding to or varying the terms of a written contract.

Recognize the importance of performance as a factor in the enforceability of certain agreements.

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Definitions:

Collect Like Terms

An algebraic operation that entails amalgamating terms with the same variables to the identical power.

Simplify

The process of making something less complicated or easier to understand, often used in the context of mathematical expressions or procedures.

Evaluate

To determine or assess the significance, worth, or condition of something, usually in a detailed and analytical manner.

Calculate

The process of determining the numerical value or result, often by mathematical means.