Which of the Following Is a Duty Vested in a Trustee

question 16

Multiple Choice

Which of the following is a duty vested in a trustee by the court,when the debtor is a business and files a Chapter 7 petition?

• A)He may be authorized to operate the business for a limited period of time.
• B)He may be authorized to make payments made by the debtor within 90 days before the filing of the petition.
• C)He may be authorized to sell the debtor's properties and hand over the proceeds of the sales to the debtor.
• D)He may be authorized to pay off the debts according to the personal priority list.

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Definitions:

Information Resource

An information resource is any source of data and information that can be used for reference or analysis, ranging from databases and journals to informational websites.

Threat

Any potential cause of an unwanted event that may result in harm to a system or organization, encompassing a wide range of possibilities from natural disasters to cyber attacks.

Information Security Controls

Measures implemented to safeguard information by ensuring its confidentiality, integrity, and availability.

Identity Theft

The fraudulent acquisition and use of a person's private identifying information, usually for financial gain.