What Are the Duties of a Trustee Under Chapter 7

question 83

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).

---

Definitions:

Motor Reflexes

Involuntary movements or actions automatically triggered by specific stimuli, fundamental for survival and development.

Assimilation

The process through which individuals or groups of differing ethnic heritage are absorbed into the dominant culture of a society.

Accommodation

The process of adapting or adjusting to someone or something, often to make coexistence more harmonious.

Incorporating

The process of legally declaring a body as a corporation, thereby enabling it to enjoy legal rights, incur liabilities, and conduct business.