Question
What is the role of a trustee in bankruptcy? a. The trustee must preserve the debtor's property to ensure as little as possible ends up
What is the role of a trustee in bankruptcy?
a. The trustee must preserve the debtor's property to ensure as little as possible ends up benefiting the creditors.
b. The trustee must serve as a mediator to help the debtor and creditors reach an equitable settlement.
c. The trustee must meet with the creditors to determine which one gets which piece of property.
d. The trustee guides the debtor through bankruptcy with her best interest in mind.
e. The trustee must preserve the debtor's property and sell it for the highest possible amount to provide the most benefit to the creditors.
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