Slater has been appointed as a bankruptcy administrator.

Vendor: ACFE
Product: CFE-Law
Update on: Jan 2, 2026
Questions: 158

ACFE CFE-Law Question Answer

Slater has been appointed as a bankruptcy administrator. According to the recommendations of the World Bank Principles for Effective Insolvency and Creditor/Debtor Regimes (World Bank Principles), which of the following statements concerning Slater's role as bankruptcy administrator is MOST ACCURATE?

Slater may investigate all contracts the debtor entered into, but he does not have the power to cancel them without the debtor's permission.

Slater may request relevant information from the debtor's agents or others with knowledge of the debtor's affairs, but he cannot force them to provide it.

Slater may collect, preserve, and dispose of the debtor's property.

Slater may not interfere with contracts signed by the debtor.