The Privity Rule Has Been

question 11

Multiple Choice

The privity rule has been:

• A) relaxed in its application by some courts.
• B) abandoned by all states.
• C) retained by all states.
• D) none of the above.

---

Definitions:

Interdependent Self-Construal

Viewing self primarily in terms of how one relates to others and contributes to the greater whole.

Independent Self-Construal

Viewing self as a unique active agent serving one’s own goals.

Market Pricing

An economic principle that describes how prices are determined in a market-based on supply and demand.

Collectivistic Culture

A culture in which the emphasis is on interdependence, cooperation, and the welfare of the group over that of the individual.