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Bishop and Thomas Had Been Partners and Had a Business

Question 47

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Bishop and Thomas had been partners and had a business disagreement that was resolved by private arbitration.Bishop now knows that Thomas is seeking a loan.Based on his personal experience with Thomas,Bishop tells a banker friend that Thomas is difficult to do business with and that anyone doing business with Thomas could be cheated.As a result of Bishop's statements,Thomas is denied a bank loan.Discuss what Thomas can do in this situation.

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Thomas can sue Bishop for defamation and...

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