Connection lost
Server error
The law is reason, free from passion.
✨ Enjoy an ad-free experience with LSD+
Legal Definitions - trade libel
Law school: Where you spend three years learning to think like a lawyer, then a lifetime trying to think like a human again.
✨ Enjoy an ad-free experience with LSD+
Definition of trade libel
Definition: Trade libel is a type of defamation that is written or recorded and harms a business's reputation. It is similar to libel, which is a written or published false statement that harms a person's reputation. However, trade libel specifically targets a business or its products or services.
Example: A blogger writes a post claiming that a popular restaurant uses expired ingredients in their dishes. This false statement harms the restaurant's reputation and could cause customers to avoid eating there. This is an example of trade libel.
Explanation: The false statement made by the blogger harms the restaurant's reputation and could cause financial harm to the business. This is why trade libel is considered a serious offense and can result in legal action.
The young man knows the rules, but the old man knows the exceptions.
✨ Enjoy an ad-free experience with LSD+
Simple Definition
Trade libel is when someone writes or records something that harms a business or product. It is a type of defamation, which means saying or writing something untrue that hurts someone's reputation. Trade slander is similar, but it is spoken instead of written or recorded. If the untrue statement is really bad, like accusing someone of a crime or a disease, the person who was harmed doesn't have to prove how much money they lost because of it. But if the untrue statement isn't as bad, they have to prove how much money they lost because of it.
It is better to risk saving a guilty man than to condemn an innocent one.
✨ Enjoy an ad-free experience with LSD+