Imagine that an employee is fired for committing an illegal act. The employer accurately explains the cause for the firing in an e-mail message. The court agrees the content of the e-mail is true; yet, it rules that the employee was libeled

Which longstanding belief would this ruling challenge?
A) Written statements about people on behalf of the client are private.
B) E-mail is an all-powerful communications vehicle.
C) The employer must have acted with actual malice.
D) Truth is a defense against libel.

D

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Which of the following statements is true of tenancy by the entirety?

A) Upon the death of an owner, his or her property interest is divided among the other owners. B) Upon divorce, tenancy by the entirety automatically becomes tenancy in common. C) Owners may sell their interest in the property without the consent of the other owners. D) Creditors of only one owner may attach the property.

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Which of the following characteristics apply to futures contracts?

I. Futures contracts are an important tool to control risk. II. Futures contracts are highly risky and involve speculation. III. Futures contracts specify both the quantity and the quality of the item. IV. The buyer must hold the contract until maturity. A) I and II only B) II and IV only C) I, II and III only D) I, II, III and IV

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