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0 [{"id":569877,"quiz_id":"27836","answer_id":null,"answerType_id":"0","created_at":"2018-09-18 23:12:15","updated_at":"2018-09-18 23:21:48","questionName":"You are appointed as trustee of a bankrupt estate and the major creditor wants to know which one of the following trust claims is valid:","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":21,"explanation":null,"question_score_id":null,"lang":null,"questionAudioPath":null},{"id":569873,"quiz_id":"27836","answer_id":null,"answerType_id":"0","created_at":"2018-09-18 23:12:15","updated_at":"2018-09-18 23:21:48","questionName":"In which of the following instances must the legal fees of the solicitor to the estate be taxed","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":17,"explanation":null,"question_score_id":null,"lang":null,"questionAudioPath":null},{"id":569875,"quiz_id":"27836","answer_id":null,"answerType_id":"0","created_at":"2018-09-18 23:12:15","updated_at":"2018-09-18 23:21:48","questionName":"Subsequent to establishing the presumption of fraud, the creditor who deals at arm's length may rebut the presumption on which of the following grounds?","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":19,"explanation":null,"question_score_id":null,"lang":null,"questionAudioPath":null},{"id":569884,"quiz_id":"27836","answer_id":null,"answerType_id":"0","created_at":"2018-09-18 23:12:15","updated_at":"2018-09-18 23:21:48","questionName":"An application for a winding up order pursuant to WURA may be made in respect of which type of debtor","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":28,"explanation":null,"question_score_id":null,"lang":null,"questionAudioPath":null},{"id":569885,"quiz_id":"27836","answer_id":null,"answerType_id":"0","created_at":"2018-09-18 23:12:15","updated_at":"2018-09-18 23:21:48","questionName":"Which one of the following conditions is absolutely required in filing an intial application to the court under the CCAA","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":29,"explanation":null,"question_score_id":null,"lang":null,"questionAudioPath":null},{"id":569871,"quiz_id":"27836","answer_id":null,"answerType_id":"0","created_at":"2018-09-18 23:12:15","updated_at":"2018-09-18 23:21:48","questionName":"Which of the following examples in not a valid trust?","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":15,"explanation":null,"question_score_id":null,"lang":null,"questionAudioPath":null},{"id":569878,"quiz_id":"27836","answer_id":null,"answerType_id":"0","created_at":"2018-09-18 23:12:15","updated_at":"2018-09-18 23:21:48","questionName":"The BIA provides that a secured creditor may be restricted in his rights as secured creditor in the fllowing situations","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":22,"explanation":null,"question_score_id":null,"lang":null,"questionAudioPath":null},{"id":569881,"quiz_id":"27836","answer_id":null,"answerType_id":"0","created_at":"2018-09-18 23:12:15","updated_at":"2018-09-18 23:21:48","questionName":"Which one of the following assets is not subject to the deemed trust claim for unremmited payroll source deductions of the crown","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":25,"explanation":null,"question_score_id":null,"lang":null,"questionAudioPath":null},{"id":569879,"quiz_id":"27836","answer_id":null,"answerType_id":"0","created_at":"2018-09-18 23:12:15","updated_at":"2018-09-18 23:21:48","questionName":"As a discharged trustee, you become aware of a bankrupts substantial additional assets that could have been realized for the benefit of creditors. As a discharged trustee what action should you take?","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":23,"explanation":null,"question_score_id":null,"lang":null,"questionAudioPath":null},{"id":569874,"quiz_id":"27836","answer_id":null,"answerType_id":"0","created_at":"2018-09-18 23:12:15","updated_at":"2018-09-18 23:21:48","questionName":"Which of the following conditions must be present for a transaction to be considered a fraudulent preference under the BIA?","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":18,"explanation":null,"question_score_id":null,"lang":null,"questionAudioPath":null},{"id":569872,"quiz_id":"27836","answer_id":null,"answerType_id":"0","created_at":"2018-09-18 23:12:15","updated_at":"2018-09-18 23:21:48","questionName":"Various recordss and documents belonging to the bankrupt Mr. Smith are in the hands of his solicitor, who is still owed $2500 for the most recent work done for the bankrupt. As trustee you request that the records in the hands of the solicitor be released to you. What is the solicitor required to release to you?","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":16,"explanation":null,"question_score_id":null,"lang":null,"questionAudioPath":null},{"id":569882,"quiz_id":"27836","answer_id":null,"answerType_id":"0","created_at":"2018-09-18 23:12:15","updated_at":"2018-09-18 23:21:48","questionName":"Widgets Inc. a bankrupt company owed money to its landlord. The landlord filed a POC for $8000 in rent arrears and 3 months of accelerated rent. The required rent payment was $1000 per month. The trustee occupied the premises and paid rent for 1 month. There was a clause for accelerated rent in the lease. The trustee sold assets for $12000. What portion of the landlord's claim ranks as preferred?","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":26,"explanation":null,"question_score_id":null,"lang":null,"questionAudioPath":null},{"id":569880,"quiz_id":"27836","answer_id":null,"answerType_id":"0","created_at":"2018-09-18 23:12:15","updated_at":"2018-09-18 23:21:48","questionName":"Which of the following legal fees incurred prior t othe filing of an assignment in bankruptcy or to the issuance of a bankruptcy order, may not be paid from the bankruptcy estate","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":24,"explanation":null,"question_score_id":null,"lang":null,"questionAudioPath":null},{"id":569883,"quiz_id":"27836","answer_id":null,"answerType_id":"0","created_at":"2018-09-18 23:12:15","updated_at":"2018-09-18 23:21:48","questionName":"Insolvent retail corporations that are federally incorperated in and have operations only in Canada cannot retructure and compromise claims of the creditors though:","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":27,"explanation":null,"question_score_id":null,"lang":null,"questionAudioPath":null},{"id":569876,"quiz_id":"27836","answer_id":null,"answerType_id":"0","created_at":"2018-09-18 23:12:15","updated_at":"2018-09-18 23:21:48","questionName":"Upon completion of the administration of the estate of a bankrupt company, when is the trustee allowed to draw his fees?","questionTimeSeconds":"0","questionTimeMinutes":"2","questionImagePath":null,"position":20,"explanation":null,"question_score_id":null,"lang":null,"questionAudioPath":null}]
569877
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You are appointed as trustee of a bankrupt estate and the major creditor wants to know which one of the following trust claims is valid:

Select the correct answer(s).  

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569873
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569875
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569884
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120
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569885
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120
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569871
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120
none
569878
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120
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569881
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120
none
569879
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120
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569874
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120
none
569872
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120
none
569882
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120
none
569880
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120
none
569883
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120
none
569876
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120
none