menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 46: Accountants Liability and Malpractice
  5. Question
    Some States Have Rejected the Requirement of Privity but Not
Solved

Some States Have Rejected the Requirement of Privity but Not

Question 1

Question 1

Multiple Choice

Some states have rejected the requirement of privity but not adopted any set rule. Instead, these states function under the __________ rule.


A) known user
B) contact
C) flexible
D) foreseeable user

Correct Answer:

verifed

Verified

Related Questions

Q2: In some states an exculpatory clause protects

Q3: To ensure that audit partners do not

Q4: The contact rule applies in which of

Q5: In states that follow _, a third

Q6: An accountant may be liable for malpractice

Q7: Under the known-user rule the identity of

Q8: To help eliminate conflicts of interest, Sarbanes-Oxley

Q9: The Public Company Oversight Board:<br>A) is a

Q10: Sara and Sally rely on the statements

Q11: Herman hires Juanita as his accountant. Juanita

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines