In Most States, When You Use the Privilege of Defense

question 45

True/False

In most states, when you use the privilege of defense of others, the person you hit must not have had a privilege to threaten the person you were trying to protect.

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Definitions:

Basic Accounting Equation

The fundamental formula in accounting that states that Assets = Liabilities + Equity.

Liabilities

Financial obligations or debts owed by a business to another entity, which are expected to be settled through the transfer of economic benefits like cash or goods.

Owners' Equity

The residual interest in the assets of an entity after deducting liabilities, representing the owners' share in the company.

Gaap

Generally Accepted Accounting Principles are the standard framework of guidelines for financial accounting used in any given jurisdiction, commonly the U.S.