The Elements That Must Be Established by a Plaintiff in Proving

question 35

Multiple Choice

The elements that must be established by a plaintiff in proving the tort of defamation do not include:

• A)The making of a statement by the defendant about the plaintiff that caused others to think less of the plaintiff.
• B)Identification of the plaintiff in the statement.
• C)Publication of the statement to someone other than the plaintiff.
• D)An intention on the part of the defendant to defame the plaintiff.

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Definitions:

Net Income

The net income of a business following the subtraction of all costs and taxes from the total earnings.

Ending Inventory

Ending inventory is the total value of goods available for sale at the end of an accounting period, calculated using the beginning inventory, additions, and subtractions of goods sold.

Depreciation Expense

An accounting method of allocating the cost of a tangible asset over its useful life.

LIFO

"Last In, First Out", an inventory costing method where the most recently produced or acquired items are recorded as sold first.