How Long from the Initial Date of Publication of an Alleged

question 9

Multiple Choice

How long from the initial date of publication of an alleged libel does a potential plaintiff have to file a libel suit?

• A)1 year
• B)2 years
• C)3 years
• D)it depends on the state

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Definitions:

Owner's Equity

The residual interest in the assets of a business after all liabilities have been deducted, often referred to as net assets or shareholder equity.

Assets

Resources owned by a business with future economic benefits.

Investments

The balance sheet caption used to report long-term investments in stocks not intended as a source of cash in the normal operations of the business.

Cash

Money in the form of currency or coins, readily available for transactions.