Question: 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
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.
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