Set forth the majority rule in relation to an accountant's liability for negligence to a third party with whom the accountant does not have a contractual relationship as well as the source of the rule
The majority view is set forth in section 552 of the Restatement (Second) of Torts as follows:
[A]n accountant's duty is limited to the client and third parties whom the accountant or client intends the information to benefit. The Restatement approach recognizes that an accountant's duty should extend beyond those in privity or near-privity with the accountant, but is not so expansive as to impose liability where the accountant knows only the possibility of distribution to anyone, and their subsequent reliance.
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An important leadership task involves articulating all of the following points except:
A) beliefs. B) values. C) status. D) policies. E) activities.
Cost-volume-profit analysis is not appropriate for service businesses
Indicate whether the statement is true or false
Refer to Fact Pattern 9B-2. CallTalk wants to sue Call&Talk for its unauthorized use of the domain name "callltalk.". Before bringing the suit, CallTalk has to ask the court for a subpoena to discover
a. the true identity of the owner of the unauthorized site. b. the amount of the profits of the unauthorized site. c. the estimated costs of the court proceedings and discovery. d. all of the registered variations of the name "calltalk.".
The most basic consumer right is the right to ____________________.
Fill in the blank(s) with the appropriate word(s).