Question

John Reisen posted the following message in a chat room, "MIC Corporation will have to restate its earnings for the past three years. Its CEO will resign in disgrace because he is responsible." The message is false and MIC Corporation's shares lose 45% of their value before the company can stop the rumor. a. Reisen has committed the tort of defamation. b. Reisen has not committed the tort of defamation because there is no publication. c. Reisen has not committed defamation because there are no damages to the company, only the shareholders. d. both b and c e. none of the above

Answer 1

Answer:

a. Reisen has committed the tort of defamation

Explanation:

A tort of defamation safeguards the right to build and nature a good reputation. The right is inherent in every individual or a legal entity such as a business.  Defamation is the use of false information to tarnish the reputation of an individual or organization. It involves the use of unjust oral or written statements against another, causing harm to their reputation.

Defamation is a malicious and deliberate attack on a person's reputation. It can be either libel or slander. John Reisen committed a tort of defamation because he deliberately used false statements that caused harm to MIC corporations. John committed libel defamation, which is the use of written statements that injured the reputation of MIC corporation.