In the Context of Interdisciplinary Influences on Organizational Behavior, _____

question 17

Multiple Choice

In the context of interdisciplinary influences on organizational behavior, _____ is the science of human learned behavior.

• A)management
• B)anthropology
• C)sociology
• D)psychology

Understand the principles of negligence, duty of care, and liability in professional services.

Analyze the impact of financial statements and assumptions on business transactions and legal liability.

Evaluate the legal defenses available in cases involving personal injury and product liability.

Understand the role and impact of contractual agreements in mitigating or escalating legal liability.

---

Definitions:

Engagement Letter

A formal document outlining the scope of services to be provided by a professional firm, often used in accounting and legal services.

Contract

A contract is a legally binding agreement between two or more parties that outlines obligations, rights, and duties that each party agrees to perform or honor.

Near Privity Rule

A legal concept that extends liability for breach of warranty to individuals who may not be in direct contractual relationship but are close enough to the transaction to be considered in "near privity."

Accounting Liability

Financial obligations or debts that a business entity is legally responsible for and are recorded on its balance sheet.