George Is a Famous Water-Skier

question 77

True/False

George is a famous water-skier.He uses a distinctive photograph of himself water-skiing for commercial purposes.Media Visions Inc.a public relations firm copied that photo and made a line drawing out of it.It then used that drawing in a brochure that it prepared for an organization that operated summer camps for children.The brochure did not identify George by name.Nor did it try to associate George with the camp.The brochure was merely intended to inform the public that water-skiing was one of the activities that were offered at the summer camps.Nevertheless,anyone who was familiar with George would immediately recognize that his image was on the brochure.Media Visions may be held liable to George on the basis of a tort known as misappropriation of personality.

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Definitions:

Escrow Agent

A neutral third party who holds assets or documents in trust until certain conditions are met and then facilitates the transfer of these assets or completion of legal obligations.

Security Interest

A legal claim or lien on collateral that has been offered to secure a loan, ensuring the lender can repossess or take ownership of the collateral if the borrower defaults.

Mortgage

A legal agreement by which a bank, building society, etc. lends money at interest in exchange for taking title of the debtor's property, with the condition that the conveyance of title becomes void upon the payment of the debt.

Financial

Relating to finance, encompassing all aspects of managing, investing, and monitoring money and assets.