Gibert Technologies Has Developed a Cellphone That Is Very Similar

question 23

Multiple Choice

Gibert Technologies has developed a cellphone that is very similar in appearance to the iPhone.What tort may Gibert have committed?

• A) proprietary trespass
• B) passing off
• C) inducement of breach of contract
• D) product defamation

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Definitions:

Net Loss

The amount by which total expenses exceed total revenues, indicating a company is spending more than it is earning.

Net Income

A company's overall earnings once expenses and taxes are removed from its revenue.

Ending Inventory

The complete value of commodities being offered for sale upon the closing of a financial period.

Adjustment Credit Column

The Adjustment Credit Column is a section in accounting ledgers or spreadsheets where adjustments, such as credit transactions, are recorded to rectify account balances.