Asked by Alyssa Clark on May 29, 2024

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A false statement of a material fact regarding ownership of business property that results in a loss of sales for the business is referred to as ________.

A) Slander of quality
B) Trade libel
C) Libel of title
D) Slander of title
E) Libel of sale

Trade Libel

A business tort that occurs when false printed statements criticize a business product or service and result in a loss of sales.

Slander of Title

The making of false and malicious statements that disparage a person's property rights, leading to financial loss.

Business Property

Assets, both tangible and intangible, owned by a business enterprise and used in its operations.

  • Understand the basic definitions and differences between libel and slander within defamation law.
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ZK
Zybrea KnightJun 04, 2024
Final Answer :
D
Explanation :
Slander of title occurs when a false statement is made about the ownership of property that results in a financial loss, such as a loss of sales. This term specifically refers to the dissemination of false information that negatively affects someone's property rights, leading to financial damages.