How much did Jack-in-the-Box have to have set aside for payments in the suits filed against it?
A) $20 million
B) $50 million
C) $100 million
D) $200 million

Question

Quizplus · Accepted Answer

In 1993, Jack-in-the-Box had to recall millions of pounds of beef due to an E. Coli outbreak that impacted over 700 people, causing 4 deaths. As a result, the company faced numerous lawsuits and settlements. The total amount set aside for payments in these suits was $100 million.

How Much Did Jack-In-The-Box Have to Have Set Aside for Payments