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Question
Which of the following standards have most states adopted regarding accountant liability for negligence to third parties?A) the Ultramares doctrine
B) the foreseeability standard
C) Section 552 of the Restatement (Second) of Torts
D) the due diligence standard
Answer
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The accountant-client privilege provides that ________.
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When an accountant has behaved negligently causing damage to a third party, the third party ________.
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