Which of the Following Officials Is Bound by a Fiduciary

question 14

Multiple Choice

Which of the following officials is bound by a fiduciary duty to all creditors,but will tend to focus on the interests of a creditor he is associated with?

• A) an insolvency trustee
• B) a receiver
• C) an inspector
• D) A trustee in bankruptcy

---

Definitions:

Stock Prices

The market value per share at which a company's stock is bought or sold on the stock exchange.

Company's Stock

Represents ownership shares in a corporation, giving stockholders a claim on part of the company's assets and profits.

Corporate Philanthropy

The act of corporations donating some of their profits or resources to charitable causes.