An Exculpatory Clause Most Likely Would Be Held to Limit

question 47

Multiple Choice

An exculpatory clause most likely would be held to limit or disclaim liability for malpractice: ______.

• A) in an action based on fraud.
• B) in a suit brought by a third person.
• C) when the accountant can reasonably be expected to stand behind the information in question.
• D) when the clause is conspicuous, unambiguous, and clear.

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Definitions:

Attitudes

Psychological tendencies expressed by evaluating a particular entity with some degree of favor or disfavor.

Perceptions

The way individuals interpret and understand the world around them, influenced by their experiences, beliefs, and biases.

Agenda-Setting Theory

A communications theory proposing that the media has the power to influence the public's perception of what is important by choosing which topics to highlight.

Gatekeepers

Individuals or organizations that control access to information or resources, acting as intermediaries who can allow or block passage.