Trade Slander refers to the act of making false and damaging statements about a business, its products, or services. This type of slander is verbal and not documented, constituting a form of defamation that harms the reputation of the business. Unlike libel, which is written defamation, trade slander is not a criminal offence and can only be pursued as a civil injury. To establish a case of trade slander, the plaintiff must demonstrate that the untrue statement caused actual harm to their business.
Trade slander is a form of defamation that involves spoken statements that are not recorded. It involves making false claims about a business or its products or services, which can damage its reputation. For instance, if someone spreads a rumor that a restaurant serves stale food, it can harm the restaurant’s reputation and deter customers from dining there. This serves as an example of trade slander. It is important to note that trade slander differs from trade libel, which refers to false statements that are written or published and harm a business’s reputation. Both trade slander and trade libel are considered forms of defamation and can lead to legal consequences if they cause harm to a business.
Trade slander is a false statement made about a business or its products or services that harms its reputation and causes financial loss.
The elements of trade slander include a false statement, publication of the statement, and harm to the business’s reputation or financial loss.
Yes, a business can sue for trade slander if it can prove that the false statement caused harm to its reputation or financial loss.
A business can recover damages for lost profits, damage to its reputation, and any other financial losses caused by the false statement.
Yes, an individual can be sued for trade slander if they made a false statement about a business or its products or services that caused harm.
Defenses to trade slander include truth, opinion, privilege, and consent.
The statute of limitations for a trade slander lawsuit varies by state, but it is typically between one and three years.
Yes, a business can sue for trade slander on social media if it can prove that the false statement caused harm to its reputation or financial loss.
Yes, a business can sue for trade slander if it can identify the person who made the false statement, even if it was made anonymously.
A business should consult with an attorney to determine if it has a viable claim for trade slander and to discuss its legal options for pursuing damages.
This site contains general legal information but does not constitute professional legal advice for your particular situation. Persuing this glossary does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.
This glossary post was last updated: 17th April 2024.
To help you cite our definitions in your bibliography, here is the proper citation layout for the three major formatting styles, with all of the relevant information filled in.
- Page URL:https://dlssolicitors.com/define/trade-slander/
- Modern Language Association (MLA):Trade Slander. dlssolicitors.com. DLS Solicitors. May 09 2024 https://dlssolicitors.com/define/trade-slander/.
- Chicago Manual of Style (CMS):Trade Slander. dlssolicitors.com. DLS Solicitors. https://dlssolicitors.com/define/trade-slander/ (accessed: May 09 2024).
- American Psychological Association (APA):Trade Slander. dlssolicitors.com. Retrieved May 09 2024, from dlssolicitors.com website: https://dlssolicitors.com/define/trade-slander/
Our team of professionals are based in Alderley Edge, Cheshire. We offer clear, specialist legal advice in all matters relating to Family Law, Wills, Trusts, Probate, Lasting Power of Attorney and Court of Protection.
All author posts