A Company That Makes a Commercial with a Person Who

question 23

Multiple Choice

A company that makes a commercial with a person who does an excellent,realistic job of pretending to be a famous movie star could be sued by the real actor for the tort of:

• A) intrusion.
• B) defamation.
• C) commercial exploitation.
• D) none of the above, since public figures are often imitated by other actors.

---

Definitions:

Lower Of Cost

An accounting principle where the inventory is recorded at either its historical cost or market value, whichever is lower, to report assets conservatively.

Total Inventory Value

The total cost of all items held in inventory by a business, calculated at a specific point in time.

Net Realizable Value

The projected price at which goods are sold, minus the expenses associated with their sale or disposal.

Gross Profit

The profit a company makes after subtracting the costs associated with making and selling its products, or the costs associated with providing its services.