Auditors may be held liable to both their clients and third parties under common law.
a.What must a client prove to recover its losses from the auditors under common law?
b.In a court that adheres to the precedent set by the Ultramares v.Touche case,what must an ordinary third party prove to recover losses from the auditors under common law?

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The Answer of Auditors may be held liable to both their clients and third parties under common law.
a.What must a client prove to recover its losses from the auditors under common law?
b.In a court that adheres to the precedent set by the Ultramares v.Touche case,what must an ordinary third party prove to recover losses from the auditors under common law?

Auditors May Be Held Liable to Both Their Clients and Third