Anne,a Certified Public Accountant,was Hired by a Retail Hardware Store

Anne,a Certified Public Accountant,was hired by a retail hardware store to perform an audit on the store's financial statements.In the agreement for this engagement was a clause stating that the audited financial statements would be used "to obtain further inventory financing from Second National Bank or another local bank." Anne completed the audit and issued an unqualified opinion.The client obtained the financing from Heartland National Bank,another local bank.Unfortunately,Anne had been negligent in conducting the audit,and the inventory had been greatly overstated.As a result,there was inadequate collateral for Heartland's loan,and when the hardware store went bankrupt a few months later,Heartland suffered a loss.Under which of the rules for an accountant's liability to third parties could Heartland recover from Anne?

A) the foreseeability standard
B) the foreseeability standard and the Restatement (Second) of Torts
C) the Ultramares doctrine
D) the Ultramares doctrine and the foreseeability standard
E) the Ultramares doctrine,the Restatement (Second) of Torts,and the foreseeability standard