In Addition to Damaging a Reputation of a Person, Defamation

question 281

Multiple Choice

In addition to damaging a reputation of a person, defamation can involve:

• A) damage to the profits of a company
• B) damage to the good name of a company
• C) damage to the good name of the defendant
• D) negligence on the part of the defendant
• E) none of the other choices

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Definitions:

Marginal Cost

The expenditure involved in the production of an extra unit of a good or service.

Elasticity of Demand

An indicator of the degree to which demand for a product changes in response to a variation in its price, shown as a percentage.

Markup

The amount added to the cost price of goods to cover overhead and profit; a percentage over the cost.

Sales Tax

A levy that a government places on the sale of products and services, usually determined as a portion of the selling price.