Allow accountmanagers to assign any contact to their own account

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Normally an account manager who owns a contact can share it with another account manager.
The follow up tasks are then also put in his / her calendar.

If this option is on, each account manger can share a contact from another account manager someone with them self.

This is often used in companies that are totally open in the contacts that everyone has and an account manager is not the owner of a contact.

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