When a Malpractice Claim Relates to Advice Given to a Client

question 24

True/False

When a malpractice claim relates to advice given to a client, there are strong arguments for retaining the privity rule.

---

Definitions:

Capital Gain

Capital Gain is the profit earned from the sale of an asset or investment when the selling price exceeds the purchase price.

Dividends

Payments made by a corporation to its shareholder members, reflecting the earnings of the company distributed among its shareholders.

Dividend Yield

This ratio in finance shows the comparison between a company's annual dividend payout and its stock price.

Dividend Income

Earnings received from owning shares of a company that pays dividends.