What Are the Duties of a Trustee Under Chapter 7

question 30

Multiple Choice

What are the duties of a trustee under Chapter 7?

• A) To use, sell, or lease property of the estate and to deposit or invest money of the estate.
• B) To employ attorneys, accountants, appraisers, or auctioneers and assume or reject any executory contract or unexpired lease of the debtor.
• C) To rehabilitate the accounts of the debtor.
• D) (a) and (c), but not (b).
• E) (a) and (b), but not (c).

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Definitions:

Mental Disorder

A condition that affects a person's thinking, feeling, behavior, or mood, significantly interfering with daily life.

Fit To Stand Trial

The legal determination that a defendant has the mental competency to understand the charges against them and participate in their defense during a court trial.

Cognitive Capacity

The total amount of information the brain is capable of retaining and processing.

IQ

Short for Intelligence Quotient, a measure of a person's intellectual abilities in relation to their age group.