Following a Dispute Over Payments for Wardrobe Items, Courtney Love

question 19

Multiple Choice

Following a dispute over payments for wardrobe items, Courtney Love Cobain tweeted to her many Twitter followers that fashion designer Dawn Simorangkir was a "nasty lying hosebag thief" and encouraged police to arrest her for dealing drugs, assault and burglary. These claims weren't true, and the two settled out of court. Since Cobain's false comments were made on twitter, they could be called __________.

• A) Twibel
• B) Defamatweetion
• C) Twittander
• D) Tweetlie

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Definitions:

Expenses

Costs incurred in the process of earning revenue, which are subtracted from revenues to calculate net income.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity.

Balance Sheet

A financial statement that provides a snapshot of a company’s financial position, showing assets, liabilities, and shareholders' equity at a specific point in time.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, indicating the net profit or loss.