Field Trenchers Inc.initiates a lawsuit against its competitor Master Excavators Inc.out of malice and without probable cause.Master suffers a loss of profits due to the litigation,but Field loses the suit.Field is most likely liable for

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The situation described fits the elements of malicious prosecution as Field initiated the lawsuit without probable cause and with malice, causing harm (loss of profits) to Master. The fact that Field lost the suit does not absolve them of liability for initiating the lawsuit in the first place. Abuse of process and wrongful interference with a business relationship do not fit the specific circumstances described.