5. An advisor is not liable to someone to whom there is no duty, also known as privity. Which of the following tests are used to ascertain whether the advisor has a duty to a third party?,I. The extent to which the transaction was intended to benefit the third party. ,II. The extent to which harm to the third party could be foreseen. ,III. The likelihood that the third party will suffer real harm. ,A. I, II and III,B. I only,C. II only ,D. III only,
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