Rollo Is an Attorney Whose Clients Include Superior Company

question 1

Multiple Choice

Rollo is an attorney whose clients include Superior Company. If Rollo is negligent in his work for Superior, under the Restatement (Second) of Torts, Rollo may be liable to Superior and

• A) any third party.
• B) no third party.
• C) third parties who are foreseen users of the work only.
• D) third parties who are reasonably foresee?able users of the work.

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Definitions:

Financial Crisis

A situation where the value of financial institutions or assets drops rapidly, often leading to a loss of wealth and the collapse of markets.

Wall Street

Refers to the financial district of New York City, known as a major center for the world's financial markets.

Overconfidence Effect

A cognitive bias where an individual's subjective confidence in their judgements is reliably greater than their objective accuracy, especially when confidence is relatively high.

Judgments

Legal decisions made by a court regarding the rights and liabilities of parties in a legal action or proceeding.