In an Opinion Column Published in Wallstreetbuzz

question 42

Multiple Choice

In an opinion column published in wallstreetbuzz.com, a columnist wrote, "James Jackson, CEO of Blain Investments, now posting an $8 billion write-down, has robbed shareholders blind through his accounting slights of hand. Jackson insists that he has scruples. I don't know about that but if he does have scruples you can bet they belong to somebody else." The columnist:

• A)has committed the tort of libel.
• B)is protected from defamation liability under the opinion/analysis quasi-privilege.
• C)cannot be protected from defamation liability by the opinion/analysis privilege if the statement was published.
• D)None of the above

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Definitions:

Financing Activities

Transactions related to obtaining or repaying capital, such as issuing equity or taking out loans.

Shareholders' Equity

The residual interest in the assets of a corporation that remains after deducting its liabilities, representing ownership interest.

Cash Flow

The total amount of money being transferred into and out of a business, especially affecting liquidity.

Investing Activities

Transactions related to the acquisition or disposal of long-term assets and investments that are not considered cash equivalents.