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. What tort will Widget Company use to bring an action against Nadeem?
A) Defamation
B) Slander
C) Deceit
D) Libel
E) Nuisance

Question

Quizplus · Accepted Answer

Libel is the correct tort because it involves a false written statement that damages a company's reputation, which is what Nadeem's blog post did to Widget Company.

Nadeem Was a Blogger Who Provided Comments About Corporate Performance