In What Way Are a Debtor,a Creditor,and a Trustee Treated

question 2

Multiple Choice

In what way are a debtor,a creditor,and a trustee treated similarly under the Bankruptcy and Insolvency Act?

• A) All may commit criminal violations known as bankruptcy offences.
• B) All may commit a bankruptcy offence by violating specific duties established in law.
• C) All commit a bankruptcy offence if they accept payments exceeding their entitlement.
• D) All commit a bankruptcy offence if they acting in a conflict of interest.

---

Definitions:

Marginal Revenue Product

The additional income yielded by deploying one more unit of a component, for instance, labor or capital.

Economic Resource

An asset that is used in the production of goods and services, including natural, human, and capital resources.

Product Price

The monetary value assigned to a good or service for sale.

Total Output

The aggregate amount of goods and services produced by an economy over a specific time period.