Marco Is a Clothing Designer Whose Business Is Failing

question 133

Multiple Choice

Marco is a clothing designer whose business is failing.He believes that he will be able to sell more of his clothing if he puts a Calvin Klein label on them.Why is this not a good idea?

• A) Marco could be sued for passing-off.
• B) Marco could face an action in injurious falsehood.
• C) Marco could be sued for a negligent misstatement.
• D) Marco could face an action in conversion.
• E) Marco could be sued for trade slander.

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Definitions:

Units of Y

A placeholder term generally referring to quantities or measurements of a variable Y.

Units of X

A measure or quantity of a particular good, product, or factor of production expressed as a discreet unit for analysis or transaction purposes.

Income

The amount of money received by an individual or entity in exchange for labor or services, from investments, or from other sources.

Budget Line

A graphical representation of all possible combinations of two goods that can be purchased with a given income and prices, illustrating the trade-offs between them.