Ronald is an independent accountant.He is hired by Procious,Inc.to audit its financial statements.He fails to uncover that Procious,Inc.has been involved in embezzlement.A corporation makes a tender offer for the shares of Procious,Inc.and discovers the embezzlement.According to which of the following standards is Ronald liable for negligence?
A) the Ultramares doctrine
B) Section 552 of the Restatement (Second) of Torts
C) the foreseeability standard
D) implied warranty of fitness for a particular purpose
Correct Answer:
Verified
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