New York Follows the Contact Rule in Determining When Third

question 33

True/False

New York follows the contact rule in determining when third persons can sue accountants for negligence.

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Definitions:

Social Class

A division of a society based on social and economic status, affecting access to resources and opportunities.

Access to Resources

The ability or opportunity to obtain and use necessary materials, services, or valuable information.

Opportunities

Prospects or situations that present possibilities for advancement, achievement, or success, often influenced by socio-economic factors.

Married Couples

Two individuals legally united through marriage, recognized both socially and legally, forming a primary social and economic unit.