After removing a Microsoft Outlook Exchange account from my Outlook configuration I was stuck with an address book configured that no longer existed. When I would click the Address Book in MS Outlook I would receive the below error.
Error: The address list could not be displayed. The Contacts folder associated with this address list could not be opened; it may have been moved or deleted, or you do not have permissions. For information on how to remove this folder from the Outlook Address Book see Microsoft Office Outlook Help.