Which of the Following Is Viewed as a Middle Ground

question 15

Multiple Choice

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

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

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Definitions:

Farsighted

The condition of being able to see distant objects more clearly than objects that are near.

Habituation

The process of becoming accustomed to a stimulus after repeated exposure, leading to a decrease in the response to that stimulus over time.

Dishabituation

The renewal of attention or response to a novel stimulus after habituation has occurred to a previous stimulus.

Sensation

The method through which our sensory organs and nervous system capture and interpret energy from stimuli in our surroundings.