A Personal Representative of an Estate Would Breach Fiduciary Duties

question 69

Multiple Choice

A personal representative of an estate would breach fiduciary duties if the personal representative:

• A) combined personal funds with funds of the estate so that both could purchase treasury bills.
• B) represented the estate in a lawsuit brought against it by a disgruntled relative of the decedent.
• C) distributed property in satisfaction of the decedent's debts.
• D) engaged a non-CPA to prepare the records for the estate's final accounting.

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