The guardian or conservator may do any of the following:

1. (a) Contract for the guardianship or conservatorship, perform outstanding contracts, and, thereby, bind the estate.
2. (b) Purchase tangible personal property.
3. (c) Subject to the provisions of Chapter 8 (commencing with Section 2640), employ an attorney to advise and represent the guardian or conservator in all matters, including the conservatorship proceeding and all other actions or proceedings.
4. (d) Employ and pay the expense of accountants, investment advisers, agents, depositaries, and employees.
5. (e) Operate for a period of 45 days after the issuance of the letters of guardianship or conservatorship, at the risk of the estate, a business, farm, or enterprise constituting an asset of the estate.