The ________ Involves Accountant Liability to Third Parties Based Upon

question 21

Multiple Choice

The ________ involves accountant liability to third parties based upon privity or near-privity.

• A) Ultramares rule
• B) classification test
• C) reliance test
• D) privity rule
• E) Carrott test

---

Definitions:

Depression

A mental disorder characterized by persistent sadness and loss of interest in everyday activities.

Gratitude

A feeling of appreciation or thanks towards someone or something.

Intercourse

Sexual activity involving the penetration of the vagina by the penis.

Adolescents

Individuals in the period of transition from childhood to adulthood, typically ranging from ages 10 to 19.