________ is a rule that limits the liability of an accountant or other securities professional to his or her personal degree of fault.
A)Privity of contract
B)The due diligence defense
C)Proportionate liability
D)The Ultramares doctrine

Question

Quizplus · Accepted Answer

Proportionate liability is a rule that limits the liability of an accountant or other securities professional to their personal degree of fault, rather than holding them fully responsible for the entirety of damages.

________ Is a Rule That Limits the Liability of an Accountant