Which of the Following Is Viewed as a Middle Ground

question 21

Multiple Choice

Which of the following is viewed as a middle ground test in regard to accounting liability to third-party users?

• A)The Ultramares Rule
• B)The Restatement Test
• C)The Privity Rule
• D)The Near Privity Rule
• E)The Reasonably Foreseeable Users Test

---

Definitions:

Support

Support refers to the assistance or backing provided by individuals or groups, intended to aid someone else's efforts or initiatives.

Emotions

Complex psychological states that involve physiological changes, feelings, cognitive processes, and behavioral responses.

Level of Experience

Refers to the depth or amount of knowledge and skill that an individual has accumulated in a particular area over time.

Prospect Theory

A behavioral economic theory that describes how people choose between probabilistic alternatives that involve risk, where the probabilities of outcomes are known.