Voluntary assignment in bankruptcy	Answer 1Choose...the licensed professional appointed to administer the estate of a bankrupt for the benefit of the creditors.a commitment by the importers bank that the price stated will be paid upon presentation of documentation confirming delivery; used as a guarantee.an assignment of assets to a trustee in bankruptcy for the benefit of creditors made voluntarily by a debtor.
Standby letter of credit	Answer 2Choose...the licensed professional appointed to administer the estate of a bankrupt for the benefit of the creditors.a commitment by the importers bank that the price stated will be paid upon presentation of documentation confirming delivery; used as a guarantee.an assignment of assets to a trustee in bankruptcy for the benefit of creditors made voluntarily by a debtor.
Trustee in bankruptcy