On which of the following theories under common law can an accountant be held liable to parties with whom the accountant is not in privity?

Question

Quizplus · Accepted Answer

Under the common law theory of fraud, an accountant can be held liable to parties with whom the accountant is not in privity if the accountant made a false representation with intent to deceive and the party justifiably relied on that misrepresentation and suffered damages as a result.

On Which of the Following Theories Under Common Law Can