The Privity Rule

question 26

Multiple Choice

The privity rule:

• A) allows for an accountant's client to recover from an accountant in a negligence malpractice suit.
• B) allows for a third part to recover from an accountant in a negligence malpractice suit.
• C) both a.and b.
• D) neither a.nor b.

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Definitions:

Parallel Circuit

An electrical circuit in which components are connected across common points or junctions, allowing current to divide among the paths.

10 Ω

A specific resistance value, indicating an electrical component or circuit offers ten ohms of resistance to the flow of electric current.

22 Ω

A unit of electrical resistance indicating that an object has a resistance of twenty-two ohms.

60 V

A potential difference of sixty volts between two points in an electrical circuit.