Which of the Following Is NOT Listed as a Duty

question 1

Multiple Choice

Which of the following is NOT listed as a duty of the trustee in a Chapter 7 bankruptcy?

• A) Furnish information about the estate and its administration
• B) Ensure that the debtor files the statement of intention to retain or surrender property
• C) After confirmation of a plan, file such reports as are necessary or as the court orders
• D) Oppose the discharge of the debtor when appropriate

---

Definitions:

United Nations

An international organization founded in 1945 dedicated to maintaining international peace and security, developing friendly relations among nations, and promoting social progress.

Letter of Credit

A financial document issued by a bank guaranteeing the payment of a buyer's obligations to a seller within a specific time frame and under certain conditions.

Buyer's Bank

Buyer's bank refers to the financial institution that represents the purchaser in a transaction, often involved in issuing or confirming payment instruments like letters of credit.

Seller

An individual or entity that offers goods or services in exchange for payment or other compensation.