Which of the Following Statements Is Correct

question 21

Multiple Choice

Which of the following statements is correct?

• A) Product defamation involves the wrongful possession of someone else's goods.
• B) Detinue occurs when some attacks the reputation of another's product or business.
• C) Any direct intentional interference causing damage to the goods of another is a trespass to chattels.
• D) Conversion involves someone inadvertently appropriating the goods of another.
• E) Wrongful interference with goods is not actionable as a business tort.

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Definitions:

Marginal Utility

The surplus satisfaction or utility experienced by an individual from consuming an extra unit of a particular good or service.

Utility Maximization

The process by which individuals allocate their resources to maximize their satisfaction or utility.

Diminishing Marginal Utility

The principle that as a person increases consumption of a product, there is a decline in the additional satisfaction or utility that person gains from consuming one more unit of the product.

Additional Utils

The extra satisfaction or utility a consumer receives from consuming one more unit of a good or service.