Under the "Ultramares" doctrine, to which of the following parties will an accountant be liable for negligence?

Question

Quizplus · Accepted Answer

Under the Ultramares doctrine, an accountant is only liable for negligence to parties in privity (meaning they have a contractual relationship with the accountant) and not to foreseen parties (meaning those who may have relied on the accountant's work but are not in a contractual relationship with the accountant).

Under the "Ultramares" Doctrine, to Which of the Following Parties