Ashley Is Unhappy with Her Neighbor,Josh,because Josh Is Pressing Charges

question 43

Multiple Choice

Ashley is unhappy with her neighbor,Josh,because Josh is pressing charges against her for repeatedly trespassing on his property.She tells him that unless he drops the charges,she will bring an action against him for nuisance because he plays his stereo late at night at times.While the stereo does not bother Ashley because she is up late anyway,she thinks that will encourage Josh to drop the trespassing charges.Josh,however,continues to press charges,and Ashley proceeds to sue Josh for nuisance.Which of the following is true?

• A)Josh can sue Ashley for abuse of process and win only if he wins the nuisance action.
• B)Ashley is completely within her rights and has done nothing wrong because Josh really is playing the stereo late at night.
• C)Josh can sue Ashley for abuse of process and win regardless of whether or not she wins the nuisance action.
• D)Josh can sue Ashley for malicious prosecution and win only if he wins the nuisance action.
• E)Josh can sue Ashley for malicious prosecution and win regardless of whether or not he wins the nuisance action.

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Definitions:

Accounting Equation

The fundamental equation stating that Assets = Liabilities + Owner's Equity, used as the basis for double-entry bookkeeping.

Financial Statement

Formal records that outline the financial activities and condition of a business, individual, or other entity, typically including the balance sheet, income statement, and cash flow statement.

Objectivity Concept

An accounting principle that requires financial and accounting information to be independent and based on measurable and verifiable data.

Unit of Measure

A standard quantity used to express a physical quantity, ensuring uniformity in the reporting of financial and operational data.