Which of the following factors do not have to be proved by a third party beneficiary in an Ultramares state under common law?

Question

Quizplus · Accepted Answer

In an Ultramares state under common law, a third party beneficiary does not need to prove gross negligence. The Ultramares doctrine limits the liability of accountants to third parties unless there is privity or near privity, which typically involves proving a breach of duty, loss, and a causal relationship between the loss and breach of duty.

Which of the Following Factors Do Not Have to Be