The privity rule permits the filing of an accounting malpractice lawsuit by a third party against an accountant.

Name: The privity rule permits the filing of an accounting malpractice lawsuit by a third party against an accountant.
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The privity rule generally limits the ability to sue an accountant for professional malpractice to the accountant's client. Third-party liability for accounting malpractice is generally not recognized under the privity rule.

The Privity Rule Permits the Filing of an Accounting Malpractice