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7. If a certain jurisdiction files in federal district court for bankruptcy and asks the court to re-organize, what is the likely outcome: A. The

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7. If a certain jurisdiction files in federal district court for bankruptcy and asks the court to re-organize, what is the likely outcome: A. The judge will allow the jurisdiction to continue operations without any court appointed oversight. B. The judge will usually appoint a trustee to oversee the bankruptcy and a receiver to manage the day-to-day operations of the jurisdiction. C. The judge will usually only a appoint a trustee to oversee the bankruptcy. D. The judge will usually let the manager of the jurisdiction continue the day-to-day activities

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