An Absolute Privilege Is Available as a Defense to Slander

question 31

Multiple Choice

An absolute privilege is available as a defense to slander liability when:

• A) the statement is made to only a few people.
• B) libel exists.
• C) a witness testifies in a court proceeding.
• D) no intent to harm is present.

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Definitions:

Operating Cycle

The period of time it takes for a company to purchase inventory, sell products, and collect cash from customers, indicating the efficiency of a business's operations.

Inventory

Inventory comprises all the goods and materials held by a company for the purpose of resale or incorporation into their product.

Credit Card

A payment card issued by financial institutions that allows cardholders to borrow funds for purchases, subject to repayment with interest.

Accounts Receivable Period

The average number of days that a company takes to collect payment after a sale has been made, indicative of the business's efficiency in collecting its receivables.