As set forth in the case in the text,Bily v.Arthur Young & Co. ,which of the following is true regarding auditor liability to third parties under the Restatement rule?

Question

Quizplus · Accepted Answer

A)According to the court,in Bily v.Arthur Young & Co. ,under the Restatement rule,an auditor retained to conduct an annual audit and to furnish an opinion for no particular purpose generally undertakes no duty to third parties.
B)According to the court,in Bily v.Arthur Young & Co. ,under the Restatement rule,an auditor retained to conduct an annual audit and to furnish an opinion for no particular purpose generally undertakes no duty to third parties.
C)According to the court,in Bily v.Arthur Young & Co. ,under the Restatement rule,an auditor retained to conduct an annual audit and to furnish an opinion for no particular purpose generally undertakes no duty to third parties.
D)According to the court,in Bily v.Arthur Young & Co. ,under the Restatement rule,an auditor retained to conduct an annual audit and to furnish an opinion for no particular purpose generally undertakes no duty to third parties.
E)According to the court,in Bily v.Arthur Young & Co. ,under the Restatement rule,an auditor retained to conduct an annual audit and to furnish an opinion for no particular purpose generally undertakes no duty to third parties.

As Set Forth in the Case in the Text,Bily V