Following an Account Broadcast on the TV Station the Night

question 49

Essay

Following an account broadcast on the TV station the night before about a particular city councillor having been pulled over for drunk driving,Joe,a political cartoonist,drew a political cartoon of the councillor,obviously drunk and with his clothes in disarray,having difficulty walking down a straight line on the road with a sober police officer looking on.This was published the next day in the paper for which Joe works.The city councillor involved had disagreements with Joe in the past and intensely disliked him.It turned out that the story published on TV was an error,but the city councillor chose not to sue the TV reporter and the station; rather he sued Joe for defamation.What would Joe's best defence be? Indicate the likely outcome.

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Definitions:

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, indicating the sensitivity of demand to price changes.

Elastic

A description of a good's demand or supply that indicates a high sensitivity to changes in price, where a small change in price leads to a larger change in quantity demanded or supplied.

Price Elasticity

A measure of how much the quantity demanded of a good responds to a change in the price of that good, with elasticity greater or less than one indicating the degree of responsiveness.

Quantity Demanded

The specific amount of a good or service consumers are willing to buy at a given price, holding other factors constant.