The Privity Doctrine Does Not Limit Recovery from a Suit

question 43

True/False

The privity doctrine does not limit recovery from a suit to those with a direct contractual relationship to the accountant.

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Definitions:

Formal Response

An official or structured reply or reaction to a stimulus or question, often in written form.

Deviant Subculture

A group that is part of a larger culture but differentiates itself by adopting norms and values contrary to mainstream society.

Cloward And Ohlin

Sociologists who proposed a theory explaining delinquency through differential access to illegitimate means, emphasizing the role of subcultural opportunities.

Norm

An understood rule for accepted and expected behavior in a specific social or cultural group, prescribing what is considered typical or appropriate.