Sara and Sally Rely on the Statements of Alice, an Accountant

question 10

Essay

Sara and Sally rely on the statements of Alice, an accountant. In a lawsuit brought by Sara and Sally against Alice for fraud, Alice seeks to avoid liability based on the fact that neither Sara nor Sally was in privity of contract with Alice. Alice knew Sara might rely on the financial information provided, but Alice did not know of Sally or anyone in her position. Can Sara and Sally recover against Alice?

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Definitions:

Prefrontal Cortex

The part of the brain located at the front of the frontal lobes, instrumental in planning complex cognitive behaviors, personality expression, decision making, and moderating social behavior.

Monoamine Oxidase Inhibitors (MAOIs)

A class of antidepressant drugs that work by inhibiting the activity of monoamine oxidase, thereby increasing the levels of certain neurotransmitters in the brain.

Neurotransmitter Reuptake

The process by which neurotransmitters are reabsorbed by the nerve cell that released them, helping to terminate the signal between neurons.

Positron-Emission Tomography (PET)

A diagnostic imaging test using a specialized dye containing radioactive tracers to visualize and measure various bodily functions.