Which of the Following Is True Regarding States Adhering to the Privity

question 84

Multiple Choice

Which of the following is true regarding states adhering to the privity or near privity rule for third party liability of accountants?

• A)One-half of the states utilize it.
• B)All the states utilize it.
• C)Three-quarters of the states utilize it.
• D)All states except one utilize it.
• E)Only a few states utilize it.

---

Definitions:

Nielson Media Research

A company that measures and analyzes television, radio, and internet audience sizes and demographics.

Obsessed

A state of being excessively preoccupied with someone or something, leading to compulsive behavior or thoughts.

Behind Bars

A phrase meaning to be imprisoned or incarcerated.

Mild Sanctions

Penalties or measures that are not severe or harsh, intended to enforce compliance with laws or regulations without causing significant harm or distress.