Question: Question 7 20 pts You are the largest mask maker in the United States and have made billions of dollars selling masks because the population

Question 7 20 pts You are the largest mask maker

Question 7 20 pts You are the largest mask maker in the United States and have made billions of dollars selling masks because the population was told that it had to buy masks and that wearing the masks protected against getting the COVID virus. You sold your masks and millions of people believed that masks offered protection against the virus. Science later proves that the masks did little to prevent the spread of the virus and your business is being sued by thousands of people who became sick despite wearing the masks and lawsuits are file in almost every state in the county. You have plenty of profits but millions are spent on defending the lawsuits. As the CEO you want to get control of your litigation costs. A prudent course of action would be to: Sue the federal government Sue the state governments Depend the lawsuits in each state Appoint a US Trustee File a Chapter 7 bankruptcy because of powers of the US Trustee File a Chapter 11 bankruptcy because of powers of the US Trustee File a Chapter 7 bankruptcy because of the automatic stay File a Chapter 11 bankruptcy because of the automatic stay All of the above None of the above Not enough information provided to give a correct

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