The contact rule does not require that the accountant to actually meet or communicate with the third party to establish a relationship equivalent to privity.
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Q1: Disclaimers of liability are not valid, even
Q2: The standards for malpractice are the same
Q4: In an action for breach of contract,
Q5: A disclaimer that protects an accountant from
Q6: A client may only recover tort damages
Q7: Following GAAP and GAAS is persuasive but
Q8: Under the known-user rule the identity of
Q9: An accountant who fails to render services
Q10: An accountant may be liable for malpractice
Q11: New York follows the contact rule in
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