75) In a liquidation under Chapter 7, the trustee A) may not be appointed, but may only be elected. B) may not be elected, but may only be appointed. C) is responsible for converting assets to cash and distributing payments to claimants. D) is responsible for appointing a creditors' committee.

76) A single creditor A) can never file a petition for bankruptcy. B) with a $15,775 or more secured claim may file a petition for bankruptcy. C) with a $15,775 or more unsecured claim may file a petition for bankruptcy, if there are fewer than 12 unsecured creditors. D) with a $14,425 or more unsecured claim may file a petition for bankruptcy if there are more than 12 unsecured creditors