Asked by JORDAN ESCOBAR on Apr 27, 2024
Verified
Nadeem was a blogger who provided comments about corporate performance. On his blog he stated that Widget Company was in serious financial trouble and was preparing to lay off 200 employees. The price of Widget Company's stock immediately dropped $1.50. The law of defamation states that Nadeem is liable for the loss of Widget Company whether or not the statement was true.
A) True
B) False
C) True, only if there is absolute privilege
D) True, only if there is qualified privilege
E) True, only if there are special damages
Defamation
False statements that injure a person’s reputation.
Corporate Performance
A measurement of a firm's efficiency and profitability in fulfilling its objectives and achieving its goals.
Serious Financial Trouble
A condition where a person, organization, or country faces significant financial challenges that threaten their long-term stability and solvency.
- Understand the concept and legal implications of defamation and how it applies to written and verbal statements.
Verified Answer
SS
Sydney SimonMay 01, 2024
Final Answer :
B
Explanation :
The law of defamation requires that the statement be false for the speaker to be liable. If Nadeem's statement was true, he would not be liable for defamation. Additionally, the statement must have caused damage to the company's reputation. The law does not automatically hold someone liable for defamation regardless of the statement's truthfulness.
Learning Objectives
- Understand the concept and legal implications of defamation and how it applies to written and verbal statements.