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Under the World Bank Principles for Effective Insolvency and Creditor/Debtor Regimes (World Bank Principles), which of the following statements MOST ACCURATELY represents the recommended powers of a bankruptcy administrator (or an equivalent appointee)?A. The administrator must abide by all contracts the debtor entered into prior to bankruptcyB. The administrator is not authorized to compel testimony from third parties who have knowledge of the debtor's financial affairsC. The administrator is allowed to collect and preserve the debtor's property but has no power to dispose of itD. The administrator has the ability to cancel fraudulent transactions entered into by the debtor
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