Which of the Following Is Not a Duty of a Trustee

question 27

Multiple Choice

Which of the following is not a duty of a trustee in a chapter 7 liquidation?

• A)​File proofs of claim with the bankruptcy court.
• B)​Investigate the financial affairs of the debtor.
• C)​Make payments to creditors as promptly as practicable with regard for priorities.
• D)​File reports of progress.

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Definitions:

Patient Customer

Individuals who require and receive services or care in a healthcare setting, emphasizing the need for patience in service delivery.

Waiting Line

A waiting line, or queue, is a sequence of people or items awaiting service or processing in various settings, such as in banks, shops, or production systems.

Discrete Probability

The mathematical study of probability where the outcome is determined from a set of distinct, separate values.

Queuing Theory

A body of knowledge about waiting lines.