Since Business Defamation Is a ______, It Can Amount to Strict

question 50

Multiple Choice

Since business defamation is a ______, it can amount to strict liability once the plaintiff has proved that the damaging statement was ______.

• A)criminal offence; heinous
• B)misdemeanor; unreasonable
• C)per se tort; published
• D)negligence; intentional

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Definitions:

Ending Inventory

is the total value of goods available for sale at the end of an accounting period after accounting for all additions and subtractions during the period.

Operating Expenses

Expenses incurred during the normal functioning of a business, excluding the cost of goods sold; these can include salaries, rent, utilities, and marketing expenses.

Closing Entries

journal entries made at the end of an accounting period to transfer temporary account balances to permanent accounts, thereby preparing the accounts for the next period.

Capital Account

A financial statement that shows the changes in a company's equity throughout an accounting period, including contributions from and distributions to owners.