Differentiate between business slander, business libel, and product disparagement
What will be an ideal response?
Business slander: This arises when an unfair and untrue oral statement is made about a
competitor. The statement becomes actionable when it is communicated to a third party
and can be interpreted as damaging the competitor's business reputation or the personal
reputation of an individual in that business.
Business libel: This may be incurred when an unfair and untrue statement is made about
a competitor in writing. The statement becomes actionable when it is communicated to a
third party and can be interpreted as damaging the company.
Product disparagement: This occurs when false or deceptive comparisons or distorted
claims are made concerning a competitor's product, services, or property.
You might also like to view...
One of the key inputs to the final credit decision is a credit analyst's subjective judgment of a firm's creditworthiness since it can provide a better feel of a firm's operation than any quantitative figures
Indicate whether the statement is true or false
Landrum-Griffin requires that union members
a. be given a chance to elect national officers at least once every five years. b. be allowed to have an open shop. c. be offered the choice of a right-to-work law or an agency shop. d. be at least seventeen years of age.