Explain what is meant by slander per se
What will be an ideal response?
Defamation is the intentional publication (communication to a third party) of a false statement that is harmful to the plaintiff's reputation. If the defamation is spoken, it is slander. In the case of slander, the plaintiff must usually prove "special" damages, which means that to recover damages, the plaintiff must demonstrate an actual monetary loss resulting or flowing from the slanderous statement. Slander per se involves statements that are considered by their very nature to be so obviously harmful to a person that no proof of special damages is needed. Traditionally, statements are considered slander per se if they are statements that say:
a. one has a loathsome communicable disease;
b. one has committed improprieties in the performance of his or her profession;
c. one has committed or been imprisoned for a serious crime; or
d. an unmarried female is not chaste.
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If the British pound is selling at $1.5212 spot on September 3, and at a 90-day forward rate of $1.5203, then ________
A) the pound is selling at a forward premium B) the pound is selling at a forward discount C) an investor should buy a call option D) speculators should buy put options
Crest Industries leased store furnishings from Santa Fe Leasing on January 1 of the current year. Santa Fe had purchased the furnishings from Steelman Enterprises for $700,000
Other information: Lease term 5 years Quarterly Payments $45,681 at the beginning of each quarter Life of Asset 5 years Fair value of Asset $700,000 Implicit annual interest rate 12% Incremental rate 12% There is no expected residual value or bargain purchase option. Assume that depreciation expense is computed at December 31 of each year. Refer to Crest Industries: 1. Prepare an amortization schedule for the first year of the lease. 2. Prepare the appropriate journal entries for Crest for the first two payments of the current year and depreciation expense for December 31 of the current year. 3. Show how the lease-related information will be presented on Crest's financial statements at December 31 of the current year. What will be an ideal response?